GDP from Services in Azerbaijan decreased to 654.60 AZN Million in the first quarter of 2025 from 906.30 AZN Million in the fourth quarter of 2024. GDP from Services in Azerbaijan averaged 438.50 AZN Million from 2001 until 2025, reaching an all time high of 906.30 AZN Million in the fourth quarter of 2024 and a record low of 119.80 AZN Million in the third quarter of 2001. source: The State Statistical Committee of the Republic of Azerbaijan

GDP from Services in Azerbaijan is expected to be 764.61 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan GDP From Wholesale and Retail Trade is projected to trend around 977.42 AZN Million in 2026 and 1018.47 AZN Million in 2027, according to our econometric models.



Related Last Previous Unit Reference
GDP 74.32 72.43 USD Billion Dec 2024
GDP Annual Growth Rate 0.30 2.70 percent Mar 2025
GDP from Agriculture 204.70 445.10 AZN Million Mar 2025
GDP from Construction 382.30 1129.00 AZN Million Mar 2025
GDP from Manufacturing 483.90 554.90 AZN Million Mar 2025
GDP from Mining 2042.60 3626.70 AZN Million Mar 2025
GDP from Public Administration 177.30 163.20 AZN Million Mar 2025
GDP from Services 654.60 906.30 AZN Million Mar 2025
GDP from Transport 1220.50 1632.70 AZN Million Mar 2025
GDP from Utilities 40.20 40.80 AZN Million Mar 2025
Gross Fixed Capital Formation 3902.20 6835.50 AZN Million Mar 2025
Gross National Product 117768.40 124988.50 AZN Million Dec 2023



Azerbaijan GDP From Wholesale and Retail Trade
Actual Previous Highest Lowest Dates Unit Frequency
654.60 906.30 906.30 119.80 2001 - 2025 AZN Million Quarterly
Constant prices 2005, NSA