Azerbaijan Gross Savings Rate

Key information about Azerbaijan Gross Savings Rate

• Azerbaijan Gross Savings Rate was measured at 44.5% in Dec 2021, compared with 44.5% in the previous quarter.
• Azerbaijan Gross Savings Rate is updated quarterly, with data available from Mar 2001 to Dec 2021, and an average rate of 44.5%.
• The data reached an all-time high of 44.5% in Sep 2008 and a record low of 15.0% in Dec 2003.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Government and Household Final Consumption Expenditure. The State Statistical Committee of the Republic of Azerbaijan provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Azerbaijan GDP expanded 8.5% YoY in Dec 2021.
• Azerbaijan Nominal GDP reached 17,040.4 USD mn in Dec 2021. Its GDP deflator (implicit price deflator) increased 32.9% in Dec 2021.
• Azerbaijan GDP Per Capita reached 5,452.5 USD in Dec 2021.

View Azerbaijan's Gross Savings Rate from Mar 2001 to Dec 2021 in the chart:

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What was Azerbaijan's Gross Savings Rate in Dec 2021?

Azerbaijan Gross Savings Rate was measured at 44.5% in Dec 2021, compared with 44.5% in the previous quarter. See the table below for more data.

Gross Savings Rate by Country Comparison

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