Azerbaijan Real GDP Growth
Key information about Azerbaijan Real GDP Growth
- The Gross Domestic Product (GDP) in Azerbaijan expanded 8.5 % YoY in Dec 2021, following a growth of 8.4 % in the previous quarter.
- Real GDP Growth YoY data in Azerbaijan is updated quarterly, available from Mar 2001 to Dec 2021, with an average rate of 5.4 %.
- The data reached an all-time high of 40.4 % in Mar 2006 and a record low of -6.7 % in Sep 2020.
Related information about Azerbaijan Real GDP Growth
- In the latest reports, Nominal GDP of Azerbaijan reached 17.0 USD bn in Dec 2021.
- Its GDP deflator (implicit price deflator) increased 32.9 % in Dec 2021.
- GDP Per Capita in Azerbaijan reached 5,452.5 USD in Dec 2021.
- Its Gross Savings Rate was measured at 44.5 % in Dec 2021.
- For Nominal GDP contributions, Investment accounted for 18.0 % in Dec 2021.
- Public Consumption accounted for 11.2 % in Dec 2021.
- Private Consumption accounted for 44.3 % in Dec 2021.
View Azerbaijan's Real GDP Growth from Mar 2001 to Dec 2021 in the chart:
What was Azerbaijan's Real GDP Growth in Dec 2021?
The Gross Domestic Product (GDP) in Azerbaijan expanded 8.5 % YoY in Dec 2021, following a growth of 8.4 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
8.5 Dec 2021 | 8.4 Sep 2021 | -6.7 Sep 2020 | 40.4 Mar 2006 | % | quarterly | Mar 2001 - Dec 2021 |
Real GDP Growth by Country Comparison
Buy Selected Data
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 5.5 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
Algeria (%) | 3.1 Dec 2021 | quarterly | Mar 2012 - Dec 2021 |
Argentina (%) | 6.1 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
Armenia (%) | 8.6 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
Australia (%) | 3.3 Mar 2022 | quarterly | Sep 1960 - Mar 2022 |
Austria (%) | 8.7 Mar 2022 | quarterly | Mar 1989 - Mar 2022 |
Azerbaijan (%) | 8.5 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
Bahrain (%) | 5.5 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
Bangladesh (%) | 7.2 2022 | yearly | 2007 - 2022 |
Belarus (%) | 1.1 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
Belgium (%) | 4.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Bolivia (%) | 0.2 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
Bosnia and Herzegovina (%) | 7.5 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
Botswana (%) | 5.6 Dec 2021 | quarterly | Mar 1995 - Dec 2021 |
Brazil (%) | 1.5 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
Brunei (%) | -1.4 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
Bulgaria (%) | 4.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Cambodia (%) | 3.0 2021 | yearly | 1994 - 2021 |
Canada (%) | 2.9 Mar 2022 | quarterly | Mar 1962 - Mar 2022 |
Chile (%) | 6.9 Mar 2022 | quarterly | Mar 1987 - Mar 2022 |
China (%) | 4.8 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
Colombia (%) | 8.2 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
Croatia (%) | 7.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Cyprus (%) | 5.6 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Czech Republic (%) | 4.8 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Denmark (%) | 6.7 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
Ecuador (%) | 4.9 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
Egypt (%) | 5.4 Mar 2022 | quarterly | Sep 2002 - Mar 2022 |
Estonia (%) | 4.7 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
European Union (%) | 5.6 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Finland (%) | 3.8 Mar 2022 | quarterly | Mar 1976 - Mar 2022 |
France (%) | 4.5 Mar 2022 | quarterly | Mar 1950 - Mar 2022 |
Georgia (%) | 14.9 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
Germany (%) | 3.8 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
Ghana (%) | 0.9 Mar 2022 | quarterly | Jun 2006 - Mar 2022 |
Greece (%) | 7.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Hong Kong SAR, China (%) | -4.0 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
Hungary (%) | 8.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Iceland (%) | 7.3 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
India (%) | 4.1 Mar 2022 | quarterly | Jun 2005 - Mar 2022 |
Indonesia (%) | 5.0 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
Iran (%) | 7.2 Dec 2021 | quarterly | Jun 1989 - Dec 2021 |
Ireland (%) | 10.0 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
Israel (%) | 8.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Italy (%) | 6.2 Mar 2022 | quarterly | Mar 1982 - Mar 2022 |
Ivory Coast (%) | 6.5 2021 | yearly | 1966 - 2021 |
Japan (%) | 0.7 Mar 2022 | quarterly | Mar 1956 - Mar 2022 |
Jordan (%) | 2.6 Dec 2021 | quarterly | Mar 1993 - Dec 2021 |
Kazakhstan (%) | 6.1 Sep 2021 | quarterly | Mar 2006 - Sep 2021 |
Kenya (%) | 10.3 Sep 2021 | quarterly | Mar 2010 - Sep 2021 |
South Korea (%) | 3.0 Mar 2022 | quarterly | Mar 1961 - Mar 2022 |
Kosovo (%) | 4.9 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
Kuwait (%) | 4.7 Dec 2020 | quarterly | Jun 2010 - Dec 2020 |
Kyrgyzstan (%) | 4.5 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
Laos (%) | 3.5 2021 | yearly | 2003 - 2021 |
Latvia (%) | 6.4 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Lebanon (%) | -1.9 2018 | yearly | 2005 - 2018 |
Lithuania (%) | 4.8 Dec 2021 | quarterly | Jun 1995 - Dec 2021 |
Luxembourg (%) | 4.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Macau SAR, China (%) | -8.9 Mar 2022 | quarterly | Mar 2002 - Mar 2022 |
North Macedonia (%) | 2.4 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
Malaysia (%) | 5.0 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
Malta (%) | 7.6 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
Mauritius (%) | 6.2 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
Mexico (%) | 1.8 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
Moldova (%) | 1.1 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Mongolia (%) | -3.8 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
Montenegro (%) | 7.2 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
Morocco (%) | 6.6 Dec 2021 | quarterly | Mar 2008 - Dec 2021 |
Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
Myanmar (%) | -5.9 2021 | yearly | 2011 - 2021 |
Nepal (%) | -6.5 Jun 2021 | quarterly | Dec 2004 - Jun 2021 |
Netherlands (%) | 6.6 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
New Zealand (%) | 0.4 Mar 2022 | quarterly | Jun 1983 - Mar 2022 |
Nigeria (%) | 3.1 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
Norway (%) | 3.7 Mar 2022 | quarterly | Mar 1979 - Mar 2022 |
Oman (%) | -3.2 2020 | yearly | 1999 - 2020 |
Pakistan (%) | 6.2 2022 | yearly | 2001 - 2022 |
Palestinian Territory (%) | 5.4 Dec 2021 | quarterly | Jun 2011 - Dec 2021 |
Panama (%) | 13.6 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
Paraguay (%) | -2.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
Peru (%) | 3.8 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
Philippines (%) | 8.2 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
Poland (%) | 9.2 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
Qatar (%) | 2.0 Dec 2021 | quarterly | Mar 2012 - Dec 2021 |
Romania (%) | 6.5 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Russia (%) | 3.3 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Saudi Arabia (%) | 9.9 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
Singapore (%) | 3.7 Mar 2022 | quarterly | Mar 1976 - Mar 2022 |
Slovakia (%) | 3.0 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
Slovenia (%) | 9.6 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
South Africa (%) | 2.9 Mar 2022 | quarterly | Mar 1961 - Mar 2022 |
Spain (%) | 6.3 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
Sri Lanka (%) | 2.0 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
Sudan (%) | -1.6 2020 | yearly | 1983 - 2020 |
Sweden (%) | 3.1 Mar 2022 | quarterly | Mar 1982 - Mar 2022 |
Switzerland (%) | 4.5 Mar 2022 | quarterly | Mar 1966 - Mar 2022 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doAzerbaijan Key Series
Buy Selected Data
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) | 1,172.000 May 2022 | monthly | Dec 2004 - May 2022 |
Tax Revenue (USD mn) | 6,559.647 2020 | yearly | 1993 - 2020 |
Tax Revenue: % of GDP (%) | 15.4 2020 | yearly | 1993 - 2020 |
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) | 45.406 2027 | yearly | 1994 - 2027 |
Forecast: Government Net Debt (AZN bn) | 26.125 2027 | yearly | 1995 - 2027 |
Forecast: Government Revenue (AZN bn) | 44.200 2027 | yearly | 1994 - 2027 |
Government Revenue: ytd (AZN mn) | 12,442.400 May 2022 | monthly | Dec 2004 - May 2022 |
Government Balance: ytd (AZN mn) | 1,992.400 May 2022 | monthly | Dec 2004 - May 2022 |
Government Expenditure: ytd (AZN mn) | 10,450.000 May 2022 | monthly | Dec 2004 - May 2022 |
Government Revenue: Taxes (AZN mn) | 10,587.300 2018 | yearly | 1991 - 2018 |
Government Revenue: Taxes: Excise Tax (AZN mn) | 1,105.800 2021 | yearly | 1991 - 2021 |
Government Revenue: Taxes: Value Added Tax (AZN mn) | 5,214.500 2021 | yearly | 1991 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | -36.3 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
Current Account Balance (USD mn) | 3,952.8 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
Current Account Balance: % of GDP (%) | 25.5 Dec 2021 | quarterly | Mar 2013 - Dec 2021 |
Foreign Direct Investment (USD mn) | -2,996.9 Sep 2021 | quarterly | Mar 2013 - Sep 2021 |
Foreign Direct Investment: % of GDP (%) | -22.4 Sep 2021 | quarterly | Mar 2013 - Sep 2021 |
Foreign Portfolio Investment (USD mn) | 116.210 Dec 2021 | quarterly | Mar 2013 - Dec 2021 |
Foreign Portfolio Investment: % of GDP (%) | 0.7 Dec 2021 | quarterly | Mar 2013 - Dec 2021 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Mar 2022 | quarterly | Mar 2003 - Mar 2022 |
Foreign Portfolio Investment: Debt Securities (USD mn) | -48.806 Mar 2022 | quarterly | Mar 2003 - Mar 2022 |
External Debt (USD mn) | 8,135.7 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
External Debt: % of GDP (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
External Debt: Short Term (USD mn) | 452.2 2020 | yearly | 1993 - 2020 |
External Debt: Short Term: % of GDP (%) | 1.1 2020 | yearly | 1993 - 2020 |
Forecast: Current Account Balance (USD bn) | 13.724 2027 | yearly | 1992 - 2027 |
BoP: ytd: Capital Account (USD mn) | -0.327 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Capital Account: Credit (USD mn) | 0.005 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Financial Account: Net Liabilities: Portfolio Investment (USD mn) | -48.789 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Income: Debit (USD mn) | 1,362.169 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Goods (USD mn) | 5,447.063 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Services: Credit (USD mn) | 1,010.849 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Debit (USD mn) | 5,855.015 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Balancing Item (USD mn) | -1,184.440 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Financial Account: Net Assets (USD mn) | 848.897 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Financial Account: Net Liabilities: Other Investment (OI) (USD mn) | 279.780 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Financial Account: Net Liabilities: Financial Derivatives (USD mn) | -4.291 Sep 2018 | quarterly | Sep 2018 - Sep 2018 |
BoP: ytd: Current Account: Transfers: Credit (USD mn) | 272.223 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Reserve Assets: Flow (USD mn) | 1,572.381 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Financial Account: Net Assets: Portfolio Investment (USD mn) | 119.161 Mar 2022 | quarterly | Mar 2015 - Mar 2022 |
BoP: ytd: Current Account: Goods: Credit (USD mn) | 8,124.292 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Goods: Debit (USD mn) | 2,677.229 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Credit (USD mn) | 9,807.773 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Services (USD mn) | -627.550 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Financial Account: Net Liabilities (USD mn) | -2,489.052 Dec 2021 | quarterly | Mar 2013 - Dec 2021 |
BoP: ytd: Current Account: Income: Credit (USD mn) | 400.409 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Financial Account: Net Assets: Other Investment (OI) (USD mn) | 766.008 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Financial Account: Net Assets: Direct Investment (DI) (USD mn) | -36.272 Mar 2022 | quarterly | Mar 2015 - Mar 2022 |
BoP: ytd: Financial Account: Net Liabilities: Direct Investment (DI) (USD mn) | -1,027.882 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Income (USD mn) | -961.760 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Transfers: Debit (USD mn) | 177.218 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Capital Account: Debit (USD mn) | 0.332 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Services: Debit (USD mn) | 1,638.399 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
BoP: ytd: Current Account: Transfers (USD mn) | 95.005 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
Foreign Investment: Oil Industry (USD mn) | 3,922.100 2020 | yearly | 1995 - 2020 |
Foreign Investment: Direct (USD mn) | 4,527.700 2020 | yearly | 2003 - 2020 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 5.9 Mar 2015 | quarterly | Dec 2009 - Mar 2015 |
Household Debt: % of GDP (%) | 9.4 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
Money Supply M1 (USD mn) | 12,875.514 May 2022 | monthly | Dec 1995 - May 2022 |
Money Supply M2 (USD mn) | 14,924.191 May 2022 | monthly | Dec 1995 - May 2022 |
M2 Growth (%) | 17.4 May 2022 | monthly | Dec 1996 - May 2022 |
Reserve Requirement Ratio (%) | 0.5 Apr 2022 | monthly | May 1993 - Apr 2022 |
Foreign Exchange Reserves (USD mn) | 7,999.9 Apr 2022 | monthly | Dec 1992 - Apr 2022 |
Foreign Exchange Reserves: % of GDP (%) | 14.004 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
Foreign Exchange Reserves: Months of Import (NA) | 8.7 Mar 2022 | monthly | Mar 1994 - Mar 2022 |
Gold Reserves (USD mn) | 0.208 Apr 2022 | monthly | Dec 1992 - Apr 2022 |
Total Deposits (USD mn) | 15,143.793 May 2022 | monthly | Jan 2005 - May 2022 |
Total Deposits Growth (%) | 30.1 May 2022 | monthly | Jan 2006 - May 2022 |
Domestic Credit (USD mn) | 15,612.5 Apr 2022 | monthly | Dec 2001 - Apr 2022 |
Domestic Credit Growth (%) | 15.4 Apr 2022 | monthly | Dec 2002 - Apr 2022 |
Household Debt (USD mn) | 5,696.1 May 2022 | monthly | Jan 2005 - May 2022 |
Total Loans (USD mn) | 10,928.162 May 2022 | monthly | Dec 2004 - May 2022 |
Total Loans Growth (%) | 23.30 May 2022 | monthly | Dec 2005 - May 2022 |
Private Debt: % of Nominal GDP (%) | 22.28 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
Monetary Aggregates: M1 (AZN mn) | 21,888.373 May 2022 | monthly | Dec 2002 - May 2022 |
Monetary Aggregates: M2 (AZN mn) | 25,371.124 May 2022 | monthly | Dec 2002 - May 2022 |
Monetary Aggregates: M1: Cash Outside Banks (AZN mn) | 11,252.011 May 2022 | monthly | Dec 2002 - May 2022 |
Monetary Aggregates: M3 (AZN mn) | 37,001.114 May 2022 | monthly | Dec 2002 - May 2022 |
Official Foreign Reserves (USD mn) | 7,230.700 May 2022 | monthly | Dec 2006 - May 2022 |
Deposits: Outstanding Amounts (AZN mn) | 32,025.252 May 2022 | monthly | Dec 2004 - May 2022 |
Loans: Outstanding Amounts: Households (AZN mn) | 9,683.368 May 2022 | monthly | Jan 2005 - May 2022 |
Loans: Outstanding Amounts (AZN mn) | 18,577.875 May 2022 | monthly | Dec 2004 - May 2022 |
More Indicators for Azerbaijan
Check out our pricing options.
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
View pricing optionsCEIC Flex
Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.
CEIC Unlimited
Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.