Azerbaijan GDP Annual Growth Rate  2001-2018 | Data | Chart | Calendar

Azerbaijan's gross domestic product grew 0.1 percent in 2017, recovering from a 3.8 percent contraction in 2016. GDP Annual Growth Rate in Azerbaijan averaged 9.31 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 0.10 -0.60 40.40 -3.90 percent [+]
GDP 37.85 53.07 75.24 3.05 USD Billion [+]
GDP Constant Prices 6049.50 70135.10 70135.10 656.00 AZN Million [+]
Gross Fixed Capital Formation 3357.00 3546.30 4942.60 173.00 AZN Million [+]
GDP per capita 5858.80 6117.00 6123.00 1216.10 USD [+]
GDP per capita PPP 15994.00 16698.90 16715.10 3319.80 USD [+]
Gross National Product 52641.20 57322.40 57322.40 0.30 AZN Million [+]
GDP From Agriculture 655.00 410.20 655.00 142.10 AZN Million [+]
GDP From Construction 888.60 558.70 1325.80 397.70 AZN Million [+]
GDP From Manufacturing 290.60 350.40 366.40 226.60 AZN Million [+]
GDP From Mining 3484.60 2440.80 4098.60 2323.10 AZN Million [+]
GDP From Public Administration 198.60 140.40 233.90 94.20 AZN Million [+]
GDP From Services 581.60 600.90 674.60 374.80 AZN Million [+]
GDP From Transport 905.70 751.60 905.70 515.80 AZN Million [+]
GDP From Utilities 28.80 32.40 39.60 26.80 AZN Million [+]


Azerbaijan GDP Annual Growth Rate

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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 -0.60 40.40 -3.90 2001 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.19 Dec/17
Spain 3.10 Dec/17
Canada 3.00 Sep/17
South Korea 3.00 Dec/17
Germany 2.90 Dec/17
Netherlands 2.90 Dec/17
Australia 2.80 Sep/17
Euro Area 2.70 Dec/17
United States 2.50 Dec/17
France 2.40 Dec/17
Mexico 1.80 Dec/17
Russia 1.80 Sep/17
Italy 1.60 Dec/17
Japan 1.50 Dec/17
Brazil 1.40 Sep/17
United Kingdom 1.40 Dec/17
Switzerland 1.20 Sep/17


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