Industrial Production in Azerbaijan increased 4.50 percent in September of 2021 over the same month in the previous year. source: The State Statistical Committee of the Republic of Azerbaijan

Industrial Production in Azerbaijan averaged 0.54 percent from 1990 until 2021, reaching an all time high of 36.60 percent in December of 2006 and a record low of -30.40 percent in December of 1992. This page provides - Azerbaijan Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Industrial Production - values, historical data and charts - was last updated on October of 2021.

Industrial Production 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 Industrial Production is projected to trend around 1.80 percent in 2022, according to our econometric models.

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Azerbaijan Industrial Production

Azerbaijan Last Unit Reference Previous Highest Lowest
Industrial Production 4.50 percent Sep/21 2.60 36.60 -30.40
Manufacturing Production 10.60 percent Dec/20 11.50 17.70 -32.40
Mining Production 0.60 percent Sep/21 -0.90 10.53 -8.19
Leading Economic Index 4.80 percent Sep/21 3.60 116.10 -4.50
Changes In Inventories 752.20 AZN Million Jun/21 620.10 762.50 -1592.80
Car Registrations 1264542.00 Dec/20 1214093.00 1264542.00 258294.00

Azerbaijan Industrial Production
In Azerbaijan, industrial production measures the output of businesses integrated in industrial sector of the economy. Mining and quarrying is the most important sector and accounts for around 70 percent of total production. The biggest segment within mining is crude petroleum and natural gas extraction. Manufacturing accounts for 20 percent. The biggest segments within manufacturing are: manufacture of refined petroleum products (10 percent); food production (2 percent) and construction materials (2 percent). Electricity, gas, steam and air conditioning supply accounts for 7 percent of total output and water supply, sewerage, waste management and remediation for 1 percent.