Azerbaijan GDP Annual Growth Rate  2001-2016 | Data | Chart | Calendar

Azerbaijan's economy shrank 3.4 percent year-on-year in January-June of 2016 compared to 3.5 drop growth in the first quarter year ago. GDP Annual Growth Rate in Azerbaijan averaged 10.38 percent from 2001 until 2016, reaching an all time high of 40.40 percent in the first quarter of 2006 and a record low of -3.80 percent in the fourth quarter of 2011.

Azerbaijan GDP Annual Growth Rate
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Azerbaijan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -3.40 -3.50 40.40 -3.80 percent [+]
GDP 53.05 75.20 75.20 3.05 USD Billion [+]
GDP Constant Prices 49223.40 43436.30 58978.00 656.00 AZN Million [+]
Gross Fixed Capital Formation 3747.40 3003.10 4942.60 173.00 AZN Million [+]
GDP per capita 6115.76 6122.98 6122.98 1216.08 USD [+]
GDP per capita PPP 16695.40 16715.10 16715.10 3319.80 USD [+]
Gross National Product 57322.40 55288.40 57322.40 0.30 AZN Million [+]
GDP From Agriculture 410.10 155.70 619.90 142.10 AZN Million [+]
GDP From Construction 711.90 456.00 1346.80 456.00 AZN Million [+]
GDP From Manufacturing 398.40 250.20 398.40 246.90 AZN Million [+]
GDP From Mining 2606.90 2538.10 4074.40 2394.10 AZN Million [+]
GDP From Public Administration 133.50 110.00 221.10 94.20 AZN Million [+]
GDP From Services 87.70 61.00 159.40 54.40 AZN Million [+]
GDP From Transport 735.70 608.90 829.70 515.80 AZN Million [+]
GDP From Utilities 30.10 29.20 39.60 26.80 AZN Million [+]



Azerbaijan GDP Annual Growth Rate Notes

Azerbaijan economy is based on oil and gas extraction which account for 95 percent of exports and 75 percent of government revenues. During the oil boom of 2003-2007, the economy expanded by an average of 21 percent per year. In 2015, the GDP growth has slowed dramatically mostly due to low energy prices and the impact from an economic crisis in neighbouring Russia. This page provides - Azerbaijan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -3.50 40.40 -3.80 2001 - 2016 percent Quarterly



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