GDP From Services in Azerbaijan increased to 629.40 AZN Million in the second quarter of 2018 from 512.60 AZN Million in the first quarter of 2018. GDP From Services in Azerbaijan averaged 527.20 AZN Million from 2012 until 2018, reaching an all time high of 701 AZN Million in the fourth quarter of 2017 and a record low of 374.80 AZN Million in the first quarter of 2012.
GDP From Services in Azerbaijan is expected to be 712.92 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Azerbaijan to stand at 530.54 in 12 months time. In the long-term, the Azerbaijan GDP From Wholesale and Retail Trade is projected to trend around 754.13 AZN Million in 2020, according to our econometric models.