Azerbaijan’s economy grew 1.5% year-on-year in January–September 2026, following a 1.2% expansion in the first eight months of the year. The non-oil and gas sector continued to advance (2.6% vs 2.1% in January–August), while contraction in the oil and gas sector deepened (-1.2% vs -0.8%). Growth accelerated in transportation and warehousing services (10.0% vs 8.7%) and information and communication services (11.1% vs 10.7%). Meanwhile, growth moderated in agricultural output (1.1% vs 2.6%) and retail trade turnover (3.8% vs 3.9%), while industrial output continued to decline (-0.8% vs -0.4%). Investment in fixed capital rose 10.9%, compared with 10.0% previously, amid stronger growth in the non-oil and gas sector (3.1% vs 1.4%). source: The State Statistical Committee of the Republic of Azerbaijan

Monthly GDP YoY in Azerbaijan increased to 1.50 percent in September from 1.20 percent in August of 2026. Monthly GDP YoY in Azerbaijan averaged 6.18 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 October of 2026.

Monthly GDP YoY in Azerbaijan increased to 1.50 percent in September from 1.20 percent in August of 2026. Monthly GDP YoY in Azerbaijan is expected to be 2.40 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
2026-09-09 07:10 AM
GDP YoY
Aug 1.2% 1.4% 1.2%
2026-10-09 07:10 AM
GDP YoY
Sep 1.5% 1.2% 1.1%
2026-11-13 08:00 AM
GDP YoY
Oct 1.5%


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 -0.30 percent Jun 2026
GDP Constant Prices 7694.30 6228.60 AZN Million Jun 2026
GDP from Agriculture 592.30 207.10 AZN Million Jun 2026
GDP from Construction 622.90 327.50 AZN Million Jun 2026
GDP from Manufacturing 505.40 514.00 AZN Million Jun 2026
GDP from Mining 2195.40 2027.30 AZN Million Jun 2026
GDP from Public Administration 193.80 181.10 AZN Million Jun 2026
GDP from Services 708.30 678.50 AZN Million Jun 2026
GDP from Transport 1705.00 1259.20 AZN Million Jun 2026
GDP from Utilities 39.20 38.80 AZN Million Jun 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 5029.50 4834.00 AZN Million Jun 2026
Gross National Product 125978.80 122133.90 AZN Million Dec 2025
GDP YoY 1.50 1.20 percent Sep 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
1.50 1.20 116.10 -4.50 2006 - 2026 percent Monthly

News Stream
Azerbaijan GDP Grows 1.5% in January–September
Azerbaijan’s economy grew 1.5% year-on-year in January–September 2026, following a 1.2% expansion in the first eight months of the year. The non-oil and gas sector continued to advance (2.6% vs 2.1% in January–August), while contraction in the oil and gas sector deepened (-1.2% vs -0.8%). Growth accelerated in transportation and warehousing services (10.0% vs 8.7%) and information and communication services (11.1% vs 10.7%). Meanwhile, growth moderated in agricultural output (1.1% vs 2.6%) and retail trade turnover (3.8% vs 3.9%), while industrial output continued to decline (-0.8% vs -0.4%). Investment in fixed capital rose 10.9%, compared with 10.0% previously, amid stronger growth in the non-oil and gas sector (3.1% vs 1.4%).
2026-10-09
Azerbaijan Economy Grows 1.2% in January-August
Azerbaijan’s economy grew 1.2% year-on-year in January-August 2026, slowing from a 1.4% expansion in the first seven months of the year. The oil and gas sector contracted further (-0.8% vs -0.6% in the January-July period), while growth in the non-oil and gas sector eased slightly (2.1% vs 2.2%). Industrial output fell 0.4%, reversing a 0.3% rise. Growth also moderated in agricultural output (2.6% vs 2.8%). Meanwhile, transportation and warehousing services (8.7% vs 7.1%), information and communication services (10.7% vs 10.4%), and retail trade turnover (3.9% vs 3.8%) continued to increase. Investment in fixed capital rose 10%, compared with 10.7% previously, amid weaker growth in the non-oil and gas sector (1.4% vs 1.9%).
2026-09-09
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