Azerbaijan’s gross domestic product recorded a flat reading in January–May 2026, following 1.5% growth in the same period last year. The stagnant performance was mainly driven by the oil and gas sector, which contracted 1.0%, worsening from a 0.9% decline last month, while growth in the non-oil and gas sector slowed to 0.4% from 0.7%. On the production side, industry remained the largest contributor to GDP, accounting for 36.3%, followed by trade and vehicle repair (10.5%), transport and warehousing (7.4%). Construction accounted for 4.6% of the economy, agriculture, forestry, and fishing for 4.2%, tourist accommodation and catering for 2.9%, and information and communication for 2%, while other sectors made up 22.8% of the economy. Net taxes on products and imports accounted for 9.3% of the GDP. source: The State Statistical Committee of the Republic of Azerbaijan

Monthly GDP YoY in Azerbaijan decreased to 0 percent in May from 0.20 percent in April of 2026. Monthly GDP YoY in Azerbaijan averaged 6.26 percent from 2006 until 2026, reaching an all time high of 116.10 percent in September of 2012 and a record low of -4.50 percent in April of 2016. This page includes a chart with historical data for Azerbaijan Monthly GDP YoY. Azerbaijan Monthly GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Monthly GDP YoY in Azerbaijan decreased to 0 percent in May from 0.20 percent in April of 2026. Monthly GDP YoY 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 Monthly GDP YoY is projected to trend around 2.90 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-12 08:30 AM
GDP YoY
Apr 0.2% -0.3% -0.1%
2026-06-10 08:45 AM
GDP YoY
May 0% 0.2% 1.0%
2026-07-10 08:40 AM
GDP YoY
Jun 0% 1.8%


Related Last Previous Unit Reference
Full Year GDP Growth 1.40 4.10 percent Dec 2025
GDP 75.94 74.43 USD Billion Dec 2025
GDP Annual Growth Rate 1.80 1.40 percent Dec 2025
GDP Constant Prices 10259.40 9872.40 AZN Million Dec 2025
GDP from Agriculture 455.20 823.70 AZN Million Dec 2025
GDP from Construction 1095.00 1105.50 AZN Million Dec 2025
GDP from Manufacturing 663.80 584.00 AZN Million Dec 2025
GDP from Mining 3476.00 3112.30 AZN Million Dec 2025
GDP from Public Administration 160.00 191.60 AZN Million Dec 2025
GDP from Services 937.10 762.40 AZN Million Dec 2025
GDP from Transport 1820.90 1691.50 AZN Million Dec 2025
GDP from Utilities 41.60 40.20 AZN Million Dec 2025
GDP per Capita 5935.53 5876.03 USD Dec 2025
GDP per Capita PPP 22072.15 21310.74 USD Dec 2024
Gross Fixed Capital Formation 5870.80 5812.00 AZN Million Dec 2025
Gross National Product 125978.80 122133.90 AZN Million Dec 2025
GDP YoY 0.00 0.20 percent May 2026


Azerbaijan Monthly GDP YoY
In Azerbaijan, Monthly GDP YoY refers to cumulative year-over-year changes in the country's gross domestic product.
Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.20 116.10 -4.50 2006 - 2026 percent Monthly

News Stream
Azerbaijan GDP Stalls in January–May
Azerbaijan’s gross domestic product recorded a flat reading in January–May 2026, following 1.5% growth in the same period last year. The stagnant performance was mainly driven by the oil and gas sector, which contracted 1.0%, worsening from a 0.9% decline last month, while growth in the non-oil and gas sector slowed to 0.4% from 0.7%. On the production side, industry remained the largest contributor to GDP, accounting for 36.3%, followed by trade and vehicle repair (10.5%), transport and warehousing (7.4%). Construction accounted for 4.6% of the economy, agriculture, forestry, and fishing for 4.2%, tourist accommodation and catering for 2.9%, and information and communication for 2%, while other sectors made up 22.8% of the economy. Net taxes on products and imports accounted for 9.3% of the GDP.
2026-06-10
Azerbaijan GDP Grows 0.2% in January-April
Azerbaijan’s gross domestic product rose by 0.2% year-on-year in January–April 2026, slowing from a 0.9% expansion in the same period last year. The weaker growth was mainly driven by the oil and gas sector, which contracted by 0.9%, while the non-oil and gas sector expanded by 0.7%. On the production side, industry remained the largest contributor to GDP, accounting for 35.7%, followed by trade and vehicle repair (10.6%) and transport and warehousing (7.3%). Construction accounted for 4.9% of the economy, agriculture, forestry, and fishing for 3.5%, tourist accommodation and catering for 3.0%, and information and communication for 2.1%, while other sectors made up 22.8% of GDP. Net taxes on products and imports accounted for 10.1% of the economy.
2026-05-18
Azerbaijan GDP Contracts in January-March
Azerbaijan’s gross domestic product fell 0.3% year-on-year in January-March 2026, reversing a 0.3% growth in the same period last year. This marked the lowest reading since January 2025, as the oil and gas sector contracted by 1.2%, while the non-oil and gas sector expanded by 0.2%. On the production side, industry remained the largest contributor to GDP, accounting for 33.5%, followed by trade and vehicle repair (11.3%), and transport and warehousing (7.1%). Construction accounted for 4.6%, agriculture, forestry and fishing 3.3%, tourist accommodation and catering 3.2%, information and communication 2%, while other sectors made up 23.3% of the economy. Net taxes on products and imports accounted for 11.7% of GDP.
2026-04-13