Azerbaijan Crude Oil: Production

1960 - 2023 | Yearly | Barrel/Day th | Organization of the Petroleum Exporting Countries

Key information about Azerbaijan Crude Oil: Production

  • Azerbaijan Crude Oil: Production was reported at 504.244 Barrel/Day th in Dec 2023
  • This records a decrease from the previous number of 558.356 Barrel/Day th for Dec 2022
  • Azerbaijan Crude Oil: Production data is updated yearly, averaging 247.052 Barrel/Day th from Dec 1960 to 2023, with 64 observations
  • The data reached an all-time high of 1,014.088 Barrel/Day th in 2009 and a record low of 60.600 Barrel/Day th in 1960
  • Azerbaijan Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
  • The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Production: Yearly

View Azerbaijan's Crude Oil: Production from 1960 to 2023 in the chart:

Azerbaijan Crude Oil: Production

What was Azerbaijan's Crude Oil: Production in 2023?

Azerbaijan Crude Oil: Production was reported at 504.244 Barrel/Day th in Dec 2023 See the table below for more data.

Last Previous Min Max Unit Frequency Range
504.244 2023 558.356 2022 60.600 1960 1,014.088 2009 Barrel/Day th yearly 1960 - 2023

Crude Oil: Production by Country Comparison

country/region Last Frequency Range
Albania (Barrel/Day th) 7.000 2006 yearly 1995 - 2006
Algeria (Barrel/Day th) 895.000 Jan 2025 monthly Jan 2002 - Jan 2025
Angola (Barrel/Day th) 1,130.000 Nov 2023 monthly Oct 2006 - Nov 2023
Argentina (Barrel/Day th) 635.205 2023 yearly 1960 - 2023
Australia (Barrel/Day th) 85.482 2023 yearly 1960 - 2023
Azerbaijan (Barrel/Day th) 504.244 2023 yearly 1960 - 2023
Bahrain (Barrel/Day th) 183.419 2023 yearly 1960 - 2023
Brazil (Barrel/Day th) 3,401.532 2023 yearly 1960 - 2023
Brunei (Barrel/Day th) 67.468 2023 yearly 1960 - 2023
Cameroon (Barrel/Day th) 87.500 2006 yearly 1995 - 2006
Canada (Barrel/Day th) 1,224.860 2023 yearly 1960 - 2023
Chile (Barrel/Day th) 2.000 2023 yearly 1960 - 2023
China (Barrel/Day th) 4,181.323 2023 yearly 1960 - 2023
Colombia (Barrel/Day th) 776.644 2023 yearly 1960 - 2023
Congo (Barrel/Day th) 271.301 2023 yearly 1960 - 2023
Denmark (Barrel/Day th) 58.342 2023 yearly 1960 - 2023
Ecuador (Barrel/Day th) 535.000 Nov 2019 monthly Sep 2007 - Nov 2019
Egypt (%) 10.899 Jan 2025 monthly Aug 2004 - Jan 2025
Equatorial Guinea (Barrel/Day th) 54.881 2023 yearly 1960 - 2023
France (Barrel/Day th) 14.490 2019 yearly 1960 - 2019
Gabon (Barrel/Day th) 236.000 Jan 2025 monthly Apr 2016 - Jan 2025
Germany (Barrel/Day th) 37.836 2019 yearly 1960 - 2019
Hungary (Barrel/Day th) 17.800 2006 yearly 1995 - 2006
India (Barrel/Day th) 544.400 2023 yearly 1960 - 2023
Indonesia (Barrel/Day th) 739.000 Nov 2016 monthly Jan 2002 - Nov 2016
Iran (Barrel/Day th) 3,280.000 Jan 2025 monthly Jan 2002 - Jan 2025
Iraq (Barrel/Day th) 3,999.000 Jan 2025 monthly Jan 2002 - Jan 2025
Israel (%) 15.392 Dec 2024 monthly Jan 1960 - Dec 2024
Italy (Barrel/Day th) 77.699 2019 yearly 1960 - 2019
Ivory Coast (%) 0.906 Sep 2024 monthly Feb 2022 - Sep 2024
Jordan (%) 2.758 Jan 2025 monthly Jan 2003 - Jan 2025
Kazakhstan (Barrel/Day th) 1,567.156 2023 yearly 1960 - 2023
Kuwait (Barrel/Day th) 2,412.000 Jan 2025 monthly Jan 2002 - Jan 2025
Libya (Barrel/Day th) 1,277.000 Jan 2025 monthly Jan 2002 - Jan 2025
Malawi (%) 63.489 Sep 2024 monthly Jan 2014 - Sep 2024
Malaysia (Barrel/Day th) 372.792 2023 yearly 1960 - 2023
Mexico (Barrel/Day th) 1,653.184 2023 yearly 1960 - 2023
Mozambique (%) -2.087 Jun 2023 monthly Jun 2012 - Jun 2023
Netherlands (Barrel/Day th) 14.595 2019 yearly 1960 - 2019
New Zealand (Barrel/Day th) 23.682 2019 yearly 1960 - 2019
Nigeria (Barrel/Day th) 1,495.000 Jan 2025 monthly Jan 2002 - Jan 2025
Norway (Barrel/Day th) 1,794.195 2023 yearly 1960 - 2023
Oman (Barrel/Day th) 814.526 2023 yearly 1960 - 2023
Palestinian Territory (%) -0.962 Jan 2025 monthly Jan 2012 - Jan 2025
Peru (Barrel/Day th) 53.008 2019 yearly 1960 - 2019
Qatar (Barrel/Day th) 595.000 Sep 2018 monthly Jan 2002 - Sep 2018
Romania (Barrel/Day th) 69.907 2019 yearly 1960 - 2019
Russia (Barrel/Day th) 9,592.386 2023 yearly 1960 - 2023
Saudi Arabia (Barrel/Day th) 8,937.000 Jan 2025 monthly Jan 2002 - Jan 2025
South Africa (%) -3.289 Jan 2025 monthly Jan 1999 - Jan 2025
Sudan (Barrel/Day th) 200.471 2023 yearly 1960 - 2023
Syria (Barrel/Day th) 32.112 2022 yearly 1960 - 2022
Trinidad and Tobago (Barrel/Day th) 58.904 2019 yearly 1960 - 2019
Tunisia (%) -3.084 Dec 2024 monthly Jan 2001 - Dec 2024
Turkey (Barrel/Day th) 57.518 2019 yearly 1960 - 2019
Turkmenistan (Barrel/Day th) 162.575 2019 yearly 1960 - 2019
Ukraine (Barrel/Day th) 34.260 2019 yearly 1960 - 2019
United Arab Emirates (Barrel/Day th) 2,933.000 Jan 2025 monthly Jan 2002 - Jan 2025
United Kingdom (Barrel/Day th) 645.370 2023 yearly 1960 - 2023
United States (Barrel/Day th) 12,927.088 2023 yearly 1960 - 2023
Venezuela (Barrel/Day th) 892.000 Jan 2025 monthly Jan 2002 - Jan 2025
Yemen (Barrel/Day th) 49.000 2022 yearly 1960 - 2022

Azerbaijan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Consolidated Fiscal Balance (USD mn) 1,006.941 Jan 2025 monthly Dec 2004 - Jan 2025
Tax Revenue (USD mn) 12,978.706 2024 yearly 1993 - 2024
Tax Revenue: % of GDP (%) 17.5 2024 yearly 1993 - 2024
National Government Debt (USD mn) 9,223.0 2021 yearly 2008 - 2021
Government Debt: % of GDP (%) 16.8 2021 yearly 2008 - 2021
Forecast: Government Expenditure (AZN bn) 46.605 2029 yearly 1994 - 2029
Forecast: Government Net Debt (AZN bn) 27.493 2029 yearly 1995 - 2029
Forecast: Government Revenue (AZN bn) 45.680 2029 yearly 1994 - 2029
Government Revenue: Taxes (AZN mn) 10,587.300 2018 yearly 1991 - 2018
Government Expenditure: ytd (AZN mn) 2,339.600 Jan 2025 monthly Dec 2004 - Jan 2025
Government Revenue: ytd (AZN mn) 4,051.400 Jan 2025 monthly Dec 2004 - Jan 2025
Government Balance: ytd (AZN mn) 1,711.800 Jan 2025 monthly Dec 2004 - Jan 2025
Government Revenue: Taxes: Excise Tax (AZN mn) 1,555.700 2024 yearly 1991 - 2024
Government Revenue: Taxes: Value Added Tax (AZN mn) 8,894.200 2024 yearly 1991 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -0.362 2028 yearly 1993 - 2028
Trade Balance (USD mn) 986.0 Jan 2025 monthly Jan 2000 - Jan 2025
Total Exports (USD mn) 3,038.4 Jan 2025 monthly Jan 2000 - Jan 2025
Total Exports Growth (%) 26.2 Apr 2023 monthly Jan 2001 - Apr 2023
Aluminum: Exports (USD th) 198,262.719 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 4,079.347 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,273.263 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,052.3 Jan 2025 monthly Jan 2000 - Jan 2025
Total Imports Growth (%) 79.6 Jan 2025 monthly Jan 2001 - Jan 2025
Imports: Medicament (USD th) 469,223.802 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 92,560.573 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 11.486 Nov 2024 monthly Jan 1996 - Nov 2024
Total Imports from USA (USD mn) 456.212 Nov 2024 monthly Apr 1993 - Nov 2024
Total Exports to China (USD mn) 3.084 Nov 2024 monthly Nov 2010 - Nov 2024
Total Imports from China (USD mn) 379.038 Nov 2024 monthly Mar 1997 - Nov 2024
Exports: SITC: Other Chemical Products (USD th) 702,628.100 2023 yearly 1996 - 2023
Exports: SITC: Food and Live Animals (USD th) 854,393.800 2023 yearly 1996 - 2023
Exports: SITC: Manufactured Goods by Material (USD th) 512,419.800 2023 yearly 1996 - 2023
Exports: SITC: Animal and Vegetable Oils, Fats and Waxes (USD th) 16,700.300 2023 yearly 1996 - 2023
Exports: SITC: Mineral Fuels, Lubricants and Related Materials (USD th) 31,017,134.500 2023 yearly 1996 - 2023
Exports: FOB: Non CIS States: Indonesia (USD th) 150,790.400 2023 yearly 1998 - 2023
Exports: FOB: Non CIS States: France (USD th) 133,219.500 2023 yearly 1992 - 2023
Exports: FOB: Non CIS States: Israel (USD th) 1,401,607.300 2023 yearly 1992 - 2023
Exports: FOB: Non CIS States: Italy (USD th) 15,208,067.600 2023 yearly 1992 - 2023
Exports: FOB: Non CIS States: United States of America (USD th) 16,011.400 2023 yearly 1992 - 2023
Imports: SITC: Other Chemical Products (USD th) 1,909,745.900 2023 yearly 1996 - 2023
Imports: SITC: Manufactured Goods by Material (USD th) 2,660,654.700 2023 yearly 1996 - 2023
Imports: SITC: Food and Live Animals (USD th) 2,120,401.400 2023 yearly 1996 - 2023
Imports: SITC: Other Manufactured Articles (USD th) 1,576,866.300 2023 yearly 1996 - 2023
Imports: SITC: Crude Materials, Inedible, except Fuels (USD th) 381,537.600 2023 yearly 1996 - 2023
Imports: CIF: Non CIS States: Turkey (USD th) 2,291,271.400 2023 yearly 1992 - 2023
Imports: CIF: Non CIS States: China (USD th) 3,022,810.500 2023 yearly 1992 - 2023
Imports: CIF: CIS States: Ukraine (USD th) 687,793.300 2023 yearly 1992 - 2023
Imports: CIF: CIS States: Russian Federation (USD th) 131,656.100 2023 yearly 1992 - 2023
Imports: CIF: Non CIS States: Germany (USD th) 916,421.200 2023 yearly 1992 - 2023
Exports Index: FOB (Same Qtr PY=100) 67.175 Dec 2023 quarterly Mar 1998 - Dec 2023
Imports Index: FOB (Same Qtr PY=100) 114.389 Dec 2023 quarterly Mar 1998 - Dec 2023
Energy Exports: Natural Gas (Cub m mn) 24,933.500 2023 yearly 2007 - 2023
Energy Exports: Crude Oil (Tonne th) 26,068.000 2023 yearly 2007 - 2023
Energy Imports: Crude Oil (Tonne th) 2,025.700 2023 yearly 2009 - 2023
Energy Imports: Natural Gas (Cub m mn) 2,109.900 2017 yearly 2016 - 2017
Export Volume Index (2015=100) 73.126 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 108.794 2021 yearly 2000 - 2021
Import Value Index (2015=100) 127.006 2021 yearly 1995 - 2021
Export Value Index (2015=100) 133.837 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 162.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Current Account Balance (USD mn) 1,327.6 Sep 2024 quarterly Mar 2013 - Sep 2024
Current Account Balance: % of GDP (%) 6.8 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Direct Investment (USD mn) 138.5 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.7 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment (USD mn) -71.034 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.4 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -13.1 Sep 2024 quarterly Mar 2003 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -57.892 Sep 2024 quarterly Mar 2003 - Sep 2024
External Debt (USD mn) 5,299.1 Sep 2024 quarterly Dec 2001 - Sep 2024
External Debt: % of GDP (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
External Debt: Short Term (USD mn) 0.0 2021 yearly 1993 - 2021
External Debt: Short Term: % of GDP (%) 0.6 2022 yearly 1993 - 2022
Forecast: Current Account Balance (USD bn) 0.418 2029 yearly 1992 - 2029
BoP: ytd: Financial Account: Net Liabilities: Direct Investment (DI) (USD mn) -235.627 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Balancing Item (USD mn) -200.695 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Transfers: Credit (USD mn) 969.374 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Services (USD mn) -1,563.514 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Credit (USD mn) 27,960.995 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Liabilities (USD mn) -2,179.604 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Capital Account: Debit (USD mn) 1.860 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Assets (USD mn) 1,390.880 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Goods: Credit (USD mn) 19,265.063 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Debit (USD mn) 24,008.119 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Income: Debit (USD mn) 3,904.078 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Assets: Direct Investment (DI) (USD mn) 583.954 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Transfers: Debit (USD mn) 478.421 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Transfers (USD mn) 490.953 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Assets: Other Investment (OI) (USD mn) 82.449 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Liabilities: Other Investment (OI) (USD mn) -1,441.184 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Goods: Debit (USD mn) 12,261.104 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Income: Credit (USD mn) 1,925.556 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Assets: Portfolio Investment (USD mn) 724.477 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Goods (USD mn) 7,003.959 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Capital Account (USD mn) -0.083 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Income (USD mn) -1,978.522 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Services: Debit (USD mn) 7,364.516 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Capital Account: Credit (USD mn) 1.777 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Services: Credit (USD mn) 5,801.002 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Liabilities: Portfolio Investment (USD mn) -960.568 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Reserve Assets: Flow (USD mn) 181.614 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Liabilities: Financial Derivatives (USD mn) -4.291 Sep 2018 quarterly Sep 2018 - Sep 2018
Foreign Investment: Oil Industry (USD mn) 4,657.000 2023 yearly 1995 - 2023
Foreign Investment: Direct (USD mn) 6,658.100 2023 yearly 2003 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.9 Mar 2015 quarterly Dec 2009 - Mar 2015
Household Debt: % of GDP (%) 13.1 Sep 2024 quarterly Mar 2005 - Sep 2024
Money Supply M1 (USD mn) 16,253.184 Jan 2025 monthly Dec 1995 - Jan 2025
Money Supply M2 (USD mn) 20,442.450 Jan 2025 monthly Dec 1995 - Jan 2025
M2 Growth (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Reserve Requirement Ratio (%) 5.0 Feb 2025 monthly May 1993 - Feb 2025
Foreign Exchange Reserves (USD mn) 11,893.8 Jan 2025 monthly Dec 1992 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 17.721 Sep 2024 quarterly Dec 2001 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 5.8 Jan 2025 monthly Mar 1994 - Jan 2025
Gold Reserves (USD mn) 0.000 Jan 2025 monthly Dec 1992 - Jan 2025
Total Deposits (USD mn) 17,809.922 Jan 2025 monthly Jan 2005 - Jan 2025
Total Deposits Growth (%) 2.7 Jan 2025 monthly Jan 2006 - Jan 2025
Domestic Credit (USD mn) 20,574.4 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) -0.7 Dec 2024 monthly Dec 2002 - Dec 2024
Household Debt (USD mn) 10,086.9 Jan 2025 monthly Jan 2005 - Jan 2025
Total Loans (USD mn) 17,250.149 Jan 2025 monthly Dec 2004 - Jan 2025
Total Loans Growth (%) 20.37 Jan 2025 monthly Dec 2005 - Jan 2025
Private Debt: % of Nominal GDP (%) 24.17 Sep 2024 quarterly Dec 2001 - Sep 2024
Monetary Aggregates: M1 (AZN mn) 27,630.412 Jan 2025 monthly Dec 2002 - Jan 2025
Monetary Aggregates: M1: Cash Outside Banks (AZN mn) 15,285.340 Jan 2025 monthly Dec 2002 - Jan 2025
Monetary Aggregates: M3 (AZN mn) 45,564.260 Jan 2025 monthly Dec 2002 - Jan 2025
Monetary Aggregates: M2 (AZN mn) 34,752.165 Jan 2025 monthly Dec 2002 - Jan 2025
Official Foreign Reserves (USD mn) 10,991.800 Feb 2025 monthly Dec 2006 - Feb 2025

More Indicators for Azerbaijan

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