Azerbaijan GDP

The Gross Domestic Product (GDP) in Azerbaijan was worth 67.20 billion US dollars in 2012. The GDP value of Azerbaijan represents 0.11 percent of the world economy. GDP in Azerbaijan is reported by the The World Bank Group. From 1990 until 2012, Azerbaijan GDP averaged 18.5 USD Billion reaching an all time high of 67.2 USD Billion in December of 2012 and a record low of 3.1 USD Billion in December of 1995. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Azerbaijan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
67.20 63.40 67.20 3.05 77.23 | 2014/06 1990 - 2012 USD Billion Yearly

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Azerbaijan GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 67.20 2012-12-31 63.40 67.20 3.05 77.23 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 5.80 2013-12-31 5.40 40.40 -3.80 5.39 2014-06-30 Percent [+]
GDP per capita 3214.30 2012-12-31 3119.10 3214.30 650.80 3393.24 2014-06-30 USD [+]
GDP per capita PPP 9156.37 2012-12-31 8884.97 9156.37 1853.79 9666.51 2014-06-30 USD [+]
GDP Constant Prices 8462.00 2014-02-28 4359.00 57708.00 656.00 20699.06 2014-06-30 AZN Million [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Azerbaijan Inflation Rate at 2.00 Percent  
The inflation rate in Azerbaijan was recorded at 2 percent in March of 2014. Inflation Rate in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.
Azerbaijan Crude Oil Production at 855.00 Thousands Barrels per Day  
Crude Oil Production in Azerbaijan decreased to 855 Thousands Barrels per Day in October of 2013 from 870 Thousands Barrels per Day in September of 2013. Crude Oil Production in Azerbaijan is reported by the U.S. Energy Information Administration.
Azerbaijan Employed Persons at 4445.30 Thousand  
The number of employed persons in Azerbaijan increased to 4445.30 Thousand in 2012 from 4375.20 Thousand in 2011. Employed Persons in Azerbaijan is reported by the State Statistical Committee, Azerbaijan.
Azerbaijan Money Supply M0 at 9956.10 AZN Million  
Money Supply M0 in Azerbaijan increased to 9956.10 AZN Million in February of 2014 from 9911.70 AZN Million in January of 2014. Money Supply M0 in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
Azerbaijan Money Supply M2 at 16124.70 AZN Million  
Money Supply M2 in Azerbaijan increased to 16124.70 AZN Million in February of 2014 from 15982.90 AZN Million in January of 2014. Money Supply M2 in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
Azerbaijan Current Account to GDP at 16.70 Percent  
Azerbaijan recorded a Current Account surplus of 16.70 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
Azerbaijan Government Budget at 0.30 Percent of GDP  
Azerbaijan recorded a Government Budget surplus equal to 0.30 percent of the countrys Gross Domestic Product in 2012. Government Budget in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
Azerbaijan Unemployment Rate at 5.20 Percent  
Unemployment Rate in Azerbaijan decreased to 5.20 percent in 2012 from 5.40 percent in 2011. Unemployment Rate in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.
Azerbaijan Retail Sales YoY at 9.90 Percent  
Retail Sales in Azerbaijan increased 9.90 percent in 2013 over the previous year. Retail Sales YoY in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.
Azerbaijan Industrial Production at 1.80 Percent  
Industrial Production in Azerbaijan increased 1.80 percent in 2013 over the previous year. Industrial Production in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.
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