Azerbaijan Real GDP Growth

2001 - 2020 | Quarterly | % | The State Statistical Committee of the Republic of Azerbaijan

The Gross Domestic Product (GDP) in Azerbaijan expanded 0.2 % YoY in Mar 2020, following a negative growth of 0.5 % in the previous quarter. Real GDP Growth YoY data in Azerbaijan is updated quarterly, available from Mar 2001 to Mar 2020, with an average rate of 6.0 %. The data reached an all-time high of 40.4 % in Mar 2006 and a record low of -3.7 % in Dec 2011. The State Statistical Committee of the Republic of Azerbaijan provides quarterly Real GDP Growth, at 2005 prices.

In the latest reports, Nominal GDP of Azerbaijan reached 10.7 USD bn in Mar 2020. Its GDP deflator (implicit price deflator) fell 2.0 % in Mar 2020. GDP Per Capita in Azerbaijan reached 4,851.2 USD in Dec 2019. Its Gross Savings Rate was measured at 27.6 % in Mar 2020.

View Azerbaijan's Real GDP Growth from Mar 2001 to Mar 2020 in the chart:

Azerbaijan Real GDP Growth

What was Azerbaijan's Real GDP Growth in Mar 2020?

Last Previous Min Max Unit Frequency Range
0.2 Mar 2020 -0.5 Dec 2019 -3.7 Dec 2011 40.4 Mar 2006 % quarterly Mar 2001 - Mar 2020

Real GDP Growth by Country Comparison

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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -11.0 Jun 2020 quarterly Mar 2010 - Jun 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -19.8 Jun 2020 quarterly Mar 2005 - Jun 2020
Armenia (%) -9.1 Sep 2020 quarterly Mar 2001 - Sep 2020
Australia (%) -6.3 Jun 2020 quarterly Sep 1960 - Jun 2020
Austria (%) -14.5 Jun 2020 quarterly Mar 1989 - Jun 2020
Azerbaijan (%) 0.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) -8.9 Jun 2020 quarterly Mar 2009 - Jun 2020
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -3.3 Jun 2020 quarterly Mar 2006 - Jun 2020

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Azerbaijan Key Series

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Includes 362 key indicators for Azerbaijan, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.1 Nov 2020 monthly Dec 2004 - Nov 2020
Consolidated Fiscal Balance (USD mn) -302.941 Oct 2020 monthly Dec 2004 - Oct 2020
Tax Revenue (USD mn) 6,914.706 2019 yearly 1993 - 2019
Tax Revenue: % of GDP (%) 14.4 2019 yearly 1993 - 2019
National Government Debt (USD mn) 3,398.5 2010 yearly 2008 - 2010
Government Debt: % of GDP (%) 6.4 2010 yearly 2008 - 2010
Forecast: Government Expenditure (AZN bn) 35.666 2025 yearly 1994 - 2025
Forecast: Government Net Debt (AZN bn) 24.389 2025 yearly 1995 - 2025
Forecast: Government Revenue (AZN bn) 30.859 2025 yearly 1994 - 2025
Government Balance: ytd (AZN mn) 78.400 Nov 2020 monthly Dec 2004 - Nov 2020
Government Revenue: Taxes (AZN mn) 10,587.300 2018 yearly 1991 - 2018
Government Revenue: Taxes: Value Added Tax (AZN mn) 5,185.100 2019 yearly 1991 - 2019
Government Revenue: Taxes: Excise Tax (AZN mn) 854.700 2019 yearly 1991 - 2019

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