Azerbaijan GDP Current Prices  Forecast


GDP Constant Prices in Azerbaijan is expected to be 27987.52 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Azerbaijan to stand at 21927.60 in 12 months time. In the long-term, the Azerbaijan GDP Current Prices is projected to trend around 21932.58 AZN Million in 2020, according to our econometric models.


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Azerbaijan GDP Last Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate -1.3 0.9 1.3 1.9 2.5 4
GDP 37.85 52 36.82 36.65 36.47 75
GDP Constant Prices 50067 27988 20706 21247 21928 21933
Gross Fixed Capital Formation 4364 4177 3654 3578 3962 3895
GDP per capita 5859 6104 5807 5796 5786 6159
GDP per capita PPP 15994 16662 15805 15768 15731 17101
GDP From Agriculture 330 329 150 402 627 326
GDP From Construction 915 891 782 809 898 867
GDP From Manufacturing 330 318 262 364 306 307
GDP From Mining 4099 3221 3221 3221 3221 3221
GDP From Public Administration 234 231 127 129 205 223
GDP From Services 675 652 536 592 530 598
GDP From Transport 812 806 686 689 789 789
GDP From Utilities 36.3 35.62 29.53 30.49 27.14 33.93
Gross National Product 52641 50878 50179 49480 48781 33876