Azerbaijan GDP Grows 0.2% in January-April

2026-05-18 09:23 By Mariene Camarillo 1 min. read

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.



News Stream
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
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