Azerbaijan GDP Annual Growth Rate 2001-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Azerbaijan expanded 5.70 percent in the second quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Azerbaijan averaged 11.13 percent from 2001 until 2015, 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. GDP Annual Growth Rate in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.

Azerbaijan GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.30 40.40 -3.80 2001 - 2015 percent Quarterly
Azerbaijan has one of the fastest growing economies in the world due to oil and gas extraction. Revenues from the State Oil Fund have been funnelled towards public expenditure. As a result, the construction, banking and real estate sectors have expanded very fast. Corruption is a serious problem which has mostly remained unaddressed. This page provides - Azerbaijan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Azerbaijan GDP Annual Growth Rate - was last refreshed on Friday, September 4, 2015.


Azerbaijan GDP Last Previous Highest Lowest Unit
GDP 75.20 73.56 75.20 3.05 USD Billion [+]
GDP Annual Growth Rate 5.70 5.30 40.40 -3.80 percent [+]
GDP Constant Prices 32058.00 26265.00 58978.00 656.00 AZN Million [+]
GDP per capita 3275.71 3252.83 3275.71 650.80 USD [+]
GDP per capita PPP 16710.30 16593.19 16710.30 3319.77 USD [+]
GDP From Agriculture 295.90 582.30 604.70 142.10 AZN Million [+]
GDP From Construction 1325.80 1292.40 1325.80 520.80 AZN Million [+]
GDP From Manufacturing 343.60 303.00 343.60 246.90 AZN Million [+]
GDP From Mining 3998.50 3701.90 4074.40 2394.10 AZN Million [+]
GDP From Public Administration 214.90 193.10 214.90 94.20 AZN Million [+]
GDP From Services 143.00 97.40 143.00 54.40 AZN Million [+]
GDP From Transport 798.40 791.30 798.40 515.80 AZN Million [+]
GDP From Utilities 39.60 29.50 39.60 26.80 AZN Million [+]
Gross Fixed Capital Formation 4919.60 4314.20 4919.60 2739.00 AZN Million [+]
Gross National Product 55288.40 51644.70 55288.40 0.30 AZN Million [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.00 Jun/15 2.50 9.00 -3.40 percent [+]
Brazil -2.60 Jun/15 -1.60 10.10 -3.15 percent [+]
Canada 1.00 Jun/15 2.00 8.80 -3.90 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.20 Jun/15 1.00 5.00 -5.60 percent [+]
France 1.00 Jun/15 0.82 12.50 -3.95 percent [+]
Germany 1.60 Jun/15 1.20 6.00 -7.90 percent [+]
India 7.00 Jun/15 7.50 11.40 -5.20 percent [+]
Indonesia 4.67 Jun/15 4.71 7.16 1.56 percent [+]
Italy 0.70 Jun/15 0.20 10.30 -7.20 percent [+]
Japan 0.70 Jun/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.20 Jun/15 2.50 8.50 -8.10 percent [+]
Netherlands 1.60 Jun/15 2.50 5.80 -4.40 percent [+]
Russia -4.60 Jun/15 -2.20 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.60 -4.30 percent [+]
Switzerland 1.20 Jun/15 1.20 5.40 -3.60 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.70 Jun/15 2.90 13.40 -4.10 percent [+]