Mining production in Azerbaijan increased 5.16 percent in October of 2018 over the same month in the previous year. Mining Production in Azerbaijan averaged 0.27 percent from 2014 until 2018, reaching an all time high of 10.53 percent in March of 2018 and a record low of -8.19 percent in August of 2017.
Mining Production in Azerbaijan is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in Azerbaijan to stand at 6.20 in 12 months time. In the long-term, the Azerbaijan Mining Production is projected to trend around 5.80 percent in 2020, according to our econometric models.