Azerbaijan’s gross domestic product rose 0.3% year-on-year in January–February 2026, edging up from 0.2% in the same period last year. The non-oil and gas sector expanded by 1.4%, while the oil and gas sector declined 1.7%. On the production side, industry remained the largest contributor to GDP, accounting for 32.7%, followed by trade and vehicle repair (11.4%) and transport and warehousing (7.5%). Construction accounted for 3.9%, agriculture, forestry and fishing 3.2%, tourist accommodation and catering 2.8%, and information and communication 2.1%, while other sectors made up 24.1% of the economy. Net taxes on products and imports accounted for 12.3% of GDP. source: The State Statistical Committee of the Republic of Azerbaijan

Monthly GDP YoY in Azerbaijan decreased to 0.30 percent in February from 1.70 percent in January of 2026. Monthly GDP YoY in Azerbaijan averaged 6.34 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 March of 2026.

Monthly GDP YoY in Azerbaijan decreased to 0.30 percent in February from 1.70 percent in January of 2026. Monthly GDP YoY in Azerbaijan is expected to be 1.50 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
2026-02-12 12:00 PM
GDP YoY
Jan 1.7% 1.4% 2.0%
2026-03-12 11:25 AM
GDP YoY
Feb 0.3% 1.7% 1.3%
2026-04-10 08:00 AM
GDP YoY
Mar 0.3% 1.5%


Related Last Previous Unit Reference
Full Year GDP Growth 1.40 4.10 percent Dec 2025
GDP 74.32 72.43 USD Billion Dec 2024
GDP Annual Growth Rate 1.30 2.00 percent Sep 2025
GDP Constant Prices 9854.50 7553.10 AZN Million 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
GDP per Capita 5871.13 5668.61 USD Dec 2024
GDP per Capita PPP 22072.11 21310.74 USD Dec 2024
Gross Fixed Capital Formation 6091.60 4772.80 AZN Million Sep 2025
Gross National Product 121970.50 117956.00 AZN Million Dec 2024
GDP YoY 0.30 1.70 percent Feb 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
0.30 1.70 116.10 -4.50 2006 - 2026 percent Monthly

News Stream
Azerbaijan GDP Grows 0.3% in January–February
Azerbaijan’s gross domestic product rose 0.3% year-on-year in January–February 2026, edging up from 0.2% in the same period last year. The non-oil and gas sector expanded by 1.4%, while the oil and gas sector declined 1.7%. On the production side, industry remained the largest contributor to GDP, accounting for 32.7%, followed by trade and vehicle repair (11.4%) and transport and warehousing (7.5%). Construction accounted for 3.9%, agriculture, forestry and fishing 3.2%, tourist accommodation and catering 2.8%, and information and communication 2.1%, while other sectors made up 24.1% of the economy. Net taxes on products and imports accounted for 12.3% of GDP.
2026-03-12
Azerbaijan Starts 2026 With Modest Growth at 1.7%
The economic activity of Azerbaijan rose by 1.7% percent year-on-year in January 2026, reversing a 0.9% decline in the same period last year. The non-oil and gas sector grew by 2.3%, while the oil and gas sector rose by 0.7%. Industry remained the largest contributor to GDP at 33.9%, followed by trade and vehicle repair (11.7%) and transport and warehousing (7.8%). Construction contributed 3.6%, agriculture, forestry and fishing 3.3%, tourist accommodation and catering 2.4%, and information and communication 2.2%, while other sectors represented 23.4%. Net taxes on products and imports accounted for 11.7% of GDP. The Central Bank of Azerbaijan recently revised its 2026 GDP growth forecast upward to 2.4%, compared with its October 2025 projection of 2%. Governor Taleh Kazimov added that growth is expected to reach 2.9% in 2027, with non-oil sector expansion of 4.3%. Azerbaijan’s GDP increased by 1.4% last year.
2026-02-12
Azerbaijan GDP Grows 1.4% in 2025
Azerbaijan’s gross domestic product expanded by 1.4% year-on-year in 2025, slowing from an almost one-year high of 1.6% in the eleven months to November and from a 4.1% rise in 2024. The value added in the oil and gas sector of the economy contracted by 1.6%, while the non-oil and gas sector rose by 2.7%. On the production side, industry was the largest contributor to GDP production, accounting 33%, followed by trade and vehicle repair (11.3%), transport and warehousing (7.1%), construction (6.5%), agriculture, forestry, and fishing (5.9%), tourist accommodation and public catering (2.8%), information and communication (2.1%), other sectors (21.7%), and net taxes on products and imports (9.6%).
2026-01-19