The economy of Azerbaijan contracted by 0.3% year-on-year in the first quarter of 2026, reversing from a 1.8% expansion in the previous quarter. This marked the first contraction since the first quarter of 2021. source: The State Statistical Committee of the Republic of Azerbaijan

The Gross Domestic Product (GDP) in Azerbaijan expanded 1.80 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Azerbaijan averaged 6.96 percent from 2001 until 2026, reaching an all time high of 40.40 percent in the first quarter of 2006 and a record low of -6.70 percent in the third quarter of 2020. This page provides - Azerbaijan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2026.

The Gross Domestic Product (GDP) in Azerbaijan expanded 1.80 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Azerbaijan is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan GDP Annual Growth Rate is projected to trend around 2.90 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP Annual Growth Rate -0.30 1.80 percent Mar 2026
GDP from Agriculture 207.10 455.20 AZN Million Mar 2026
GDP from Construction 327.50 1095.00 AZN Million Mar 2026
GDP from Manufacturing 514.00 663.80 AZN Million Mar 2026
GDP from Mining 2027.30 3476.00 AZN Million Mar 2026
GDP from Public Administration 181.10 160.00 AZN Million Mar 2026
GDP from Services 678.50 937.10 AZN Million Mar 2026
GDP from Transport 1259.20 1820.90 AZN Million Mar 2026
GDP from Utilities 38.80 41.60 AZN Million Mar 2026
Gross Fixed Capital Formation 4834.00 5870.80 AZN Million Mar 2026
Gross National Product 125978.80 122133.90 AZN Million Dec 2025


Azerbaijan GDP Annual Growth Rate
Azerbaijan's economy is based on oil and gas extraction which accounts for 95 percent of exports and 75 percent of government revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 1.80 40.40 -6.70 2001 - 2026 percent Quarterly
2005=100