The gross domestic product of Azerbaijan expanded by 1.3 percent year-on-year in the third quarter of 2025, slowing from a 2 percent growth in the previous period. GDP Annual Growth Rate in Azerbaijan averaged 7.08 percent from 2001 until 2025, 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. source: The State Statistical Committee of the Republic of Azerbaijan

The Gross Domestic Product (GDP) in Azerbaijan expanded 2.70 percent in the fourth quarter of 2024 over the same quarter of the previous year.

The Gross Domestic Product (GDP) in Azerbaijan expanded 2.70 percent in the fourth quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Azerbaijan is expected to be 1.80 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 1.30 2.00 percent Sep 2025
GDP from Agriculture 823.70 578.50 AZN Million Sep 2025
GDP from Construction 1161.60 673.50 AZN Million Sep 2025
GDP from Manufacturing 584.00 510.40 AZN Million Sep 2025
GDP from Mining 3112.30 2177.80 AZN Million Sep 2025
GDP from Public Administration 197.20 189.30 AZN Million Sep 2025
GDP from Services 762.40 681.80 AZN Million Sep 2025
GDP from Transport 1689.80 1518.20 AZN Million Sep 2025
GDP from Utilities 40.20 40.00 AZN Million Sep 2025
Gross Fixed Capital Formation 6091.60 4772.80 AZN Million Sep 2025
Gross National Product 121970.50 117956.00 AZN Million Dec 2024


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
1.30 2.00 40.40 -6.70 2001 - 2025 percent Quarterly
2005=100