Consumer Spending in Azerbaijan increased to 10931.40 AZN Million in the second quarter of 2018 from 10587.70 AZN Million in the first quarter of 2018. Consumer Spending in Azerbaijan averaged 4370.99 AZN Million from 2001 until 2018, reaching an all time high of 11560.40 AZN Million in the fourth quarter of 2017 and a record low of 700 AZN Million in the first quarter of 2001.
Consumer Spending in Azerbaijan is expected to be 11757.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Azerbaijan to stand at 10958.00 in 12 months time. In the long-term, the Azerbaijan Consumer Spending is projected to trend around 12437.00 AZN Million in 2020, according to our econometric models.