Azerbaijan Real GDP Growth
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:
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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| 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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| 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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