Azerbaijan GDP Annual Growth Rate  2001-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Azerbaijan contracted 0.90 percent in the first quarter of 2017 over the same quarter of the previous year. GDP Annual Growth Rate in Azerbaijan averaged 9.77 percent from 2001 until 2017, reaching an all time high of 40.40 percent in the first quarter of 2006 and a record low of -3.90 percent in the third quarter of 2016.

Azerbaijan GDP Annual Growth Rate
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Azerbaijan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -0.90 -3.80 40.40 -3.90 percent [+]
GDP 53.05 75.20 75.20 3.05 USD Billion [+]
GDP Constant Prices 20139.80 15229.70 59987.70 656.00 AZN Million [+]
Gross Fixed Capital Formation 4364.50 4260.80 4942.60 173.00 AZN Million [+]
GDP per capita 6117.00 6122.98 6122.98 1216.08 USD [+]
GDP per capita PPP 16698.90 16715.10 16715.10 3319.80 USD [+]
GDP From Agriculture 329.90 636.10 636.10 142.10 AZN Million [+]
GDP From Construction 915.40 888.20 1325.80 458.80 AZN Million [+]
GDP From Manufacturing 329.80 328.80 366.40 235.50 AZN Million [+]
GDP From Mining 4098.60 3678.50 4098.60 2394.10 AZN Million [+]
GDP From Public Administration 233.90 209.70 233.90 94.20 AZN Million [+]
GDP From Services 674.60 560.40 674.60 374.80 AZN Million [+]
GDP From Transport 812.10 818.10 818.10 515.80 AZN Million [+]
GDP From Utilities 36.30 27.40 39.60 26.80 AZN Million [+]
Gross National Product 57322.40 55288.40 57322.40 0.30 AZN Million [+]


Azerbaijan GDP Annual Growth Rate Notes

Azerbaijan economy is based on oil and gas extraction which account for 95 percent of exports and 75 percent of government revenues. During the oil boom of 2003-2007, the economy expanded by an average of 21 percent per year. In 2015, the GDP growth has slowed dramatically mostly due to low energy prices and the impact from an economic crisis in neighbouring Russia. . This page provides - Azerbaijan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -3.80 40.40 -3.90 2001 - 2017 percent Quarterly



gdp annual growth rate by Country

Last
India 7.00 Dec/16
China 6.90 Mar/17
Indonesia 5.01 Mar/17
Turkey 3.50 Dec/16
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
Mexico 2.80 Mar/17
South Korea 2.70 Mar/17
Australia 2.40 Dec/16
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Canada 1.90 Dec/16
Euro Area 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.60 Mar/17
France 0.80 Mar/17
Italy 0.80 Mar/17
Switzerland 0.60 Dec/16
Russia 0.50 Mar/17
Brazil -2.50 Dec/16