Azerbaijan’s economy expanded 1.4% year-on-year in January-July 2026, accelerating from 0.8% growth in the first six months of the year. The non-oil and gas sector continued to drive the expansion, growing 2.2% compared with 1.5% in January-June, while the oil and gas sector contracted again, declining 0.6% after a 0.7% drop in the first half of the year. Industrial output increased 0.3%, driven by a 4.4% rise in the non-oil and gas industry. Retail sales grew 3.8%, while transportation and warehousing increased 7.1%, agriculture rose 2.8%, and information and communication surged 10.4%. Meanwhile, investment in fixed capital increased 10.7%, with the oil and gas sector accounting for the bulk of the growth. source: The State Statistical Committee of the Republic of Azerbaijan

Monthly GDP YoY in Azerbaijan increased to 1.40 percent in July from 0.80 percent in June of 2026. Monthly GDP YoY in Azerbaijan averaged 6.22 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 August of 2026.

Monthly GDP YoY in Azerbaijan increased to 1.40 percent in July from 0.80 percent in June 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
2026-07-10 08:25 AM
GDP YoY
Jun 0.8% 0% 1.8%
2026-08-10 11:30 AM
GDP YoY
Jul 1.4% 0.8% 0.7%
2026-09-11 08:00 AM
GDP YoY
Aug 1.4%


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 -0.30 1.80 percent Mar 2026
GDP Constant Prices 6228.60 10259.40 AZN Million 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
GDP per Capita 5935.53 5876.03 USD Dec 2025
GDP per Capita PPP 22314.22 22090.53 USD Dec 2025
Gross Fixed Capital Formation 4834.00 5870.80 AZN Million Mar 2026
Gross National Product 125978.80 122133.90 AZN Million Dec 2025
GDP YoY 1.40 0.80 percent Jul 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
1.40 0.80 116.10 -4.50 2006 - 2026 percent Monthly

News Stream
Azerbaijan GDP Grows 1.4% in January-July
Azerbaijan’s economy expanded 1.4% year-on-year in January-July 2026, accelerating from 0.8% growth in the first six months of the year. The non-oil and gas sector continued to drive the expansion, growing 2.2% compared with 1.5% in January-June, while the oil and gas sector contracted again, declining 0.6% after a 0.7% drop in the first half of the year. Industrial output increased 0.3%, driven by a 4.4% rise in the non-oil and gas industry. Retail sales grew 3.8%, while transportation and warehousing increased 7.1%, agriculture rose 2.8%, and information and communication surged 10.4%. Meanwhile, investment in fixed capital increased 10.7%, with the oil and gas sector accounting for the bulk of the growth.
2026-08-10
Azerbaijan GDP Grows 0.8% in January–June
Azerbaijan’s gross domestic product grew 0.8% in January–June 2026, picking up from a flat reading in the first five months of the year but slowing from a 1.5% expansion in the same period last year. This marked the strongest growth since January, with value added in the non-oil and gas sector accelerating to 1.5% from 0.4% in the first five months, while value added in the oil and gas sector contracted by 0.7%, easing from a 1.0% decline. On the production side, industry remained the largest contributor to GDP, accounting for 34.6%, followed by trade and vehicle repair (10.6%) and transport and warehousing (7.3%). Agriculture, forestry, and fishing accounted for 5.9% of the economy, construction for 4.9%, tourist accommodation and catering for 2.9%, and information and communication for 2.0%, while other sectors made up 22.8% of the economy. Net taxes on products and imports accounted for 9.6% of GDP.
2026-07-10
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