Azerbaijan Labour Productivity Growth
2009 - 2023 | Quarterly | % | CEIC Data
Key information about Azerbaijan Labour Productivity Growth
- Azerbaijan Labour Productivity dropped by 0.20 % YoY in Dec 2023, compared with a growth of 0.41 % in the previous quarter
- Azerbaijan Labour Productivity Growth data is updated quarterly, available from Mar 2009 to Dec 2023, averaging at 0.63 %
- The data reached an all-time high of 15.04 % in Dec 2009 and a record low of -5.81 % in Sep 2020
CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The State Statistical Committee of the Republic of Azerbaijan provides Real GDP in local currency, at 2005 prices and Employment. Employment excludes Foreign Nationals working within the country
View Azerbaijan's Labour Productivity Growth from Mar 2009 to Dec 2023 in the chart:
What was Azerbaijan's Labour Productivity Growth in Dec 2023?
Azerbaijan Labour Productivity dropped by 0.20 % YoY in Dec 2023, compared with a growth of 0.41 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.20 Dec 2023 | 0.41 Sep 2023 | -5.81 Sep 2020 | 15.04 Dec 2009 | % | quarterly | Mar 2009 - Dec 2023 |
Labour Productivity Growth by Country Comparison
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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 0.65 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | -4.67 2022 | yearly | 1992 - 2022 |
| Argentina (%) | -4.51 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 4.51 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Australia (%) | -1.63 Dec 2023 | quarterly | Jun 1979 - Dec 2023 |
| Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Azerbaijan (%) | -0.20 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Bahrain (%) | -3.66 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 5.11 2022 | yearly | 1992 - 2022 |
| Belarus (%) | 5.19 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Belgium (%) | 0.10 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Bolivia (%) | -0.64 2022 | yearly | 2000 - 2022 |
| Bosnia and Herzegovina (%) | -1.22 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.30 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
| Brunei (%) | -0.76 2022 | yearly | 1992 - 2022 |
| Bulgaria (%) | 0.68 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Cambodia (%) | 1.17 2021 | yearly | 2008 - 2021 |
| Canada (%) | -1.21 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Chile (%) | -2.14 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
| China (%) | 4.22 2023 | yearly | 1953 - 2023 |
| Colombia (%) | -2.02 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Croatia (%) | 10.94 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Cyprus (%) | 0.57 Dec 2023 | quarterly | Jun 2005 - Dec 2023 |
| Czech Republic (%) | 2.26 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Denmark (%) | 2.54 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
| Egypt (%) | -0.48 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Estonia (%) | -4.78 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | -1.05 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
| Finland (%) | -1.24 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| France (%) | -1.25 2022 | yearly | 1979 - 2022 |
| Georgia (%) | 5.23 2022 | yearly | 1997 - 2022 |
| Germany (%) | -0.88 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Ghana (%) | -0.40 2022 | yearly | 1992 - 2022 |
| Greece (%) | 0.13 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Hong Kong SAR, China (%) | 4.63 Dec 2023 | quarterly | Dec 1982 - Dec 2023 |
| Hungary (%) | -0.80 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Iceland (%) | -2.99 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| India (%) | 2.38 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
| Iran (%) | -2.03 2022 | yearly | 1992 - 2022 |
| Ireland (%) | -11.70 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Israel (%) | -6.61 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Italy (%) | -1.13 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Ivory Coast (%) | 3.02 2022 | yearly | 1992 - 2022 |
| Japan (%) | 0.65 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 2.00 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
| South Korea (%) | 1.11 Dec 2023 | quarterly | Sep 1983 - Dec 2023 |
| Kosovo (%) | -0.46 Mar 2023 | quarterly | Mar 2017 - Mar 2023 |
| Kuwait (%) | 1.29 2018 | yearly | 1993 - 2018 |
| Kyrgyzstan (%) | 7.14 2022 | yearly | 1993 - 2022 |
| Laos (%) | -0.89 2022 | yearly | 1992 - 2022 |
| Latvia (%) | -1.41 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
| Lebanon (%) | -9.16 2021 | yearly | 1992 - 2021 |
| Lithuania (%) | -2.31 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Luxembourg (%) | -2.38 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Macau SAR, China (%) | 80.89 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| North Macedonia (%) | 1.24 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Malawi (%) | -4.08 2022 | yearly | 1992 - 2022 |
| Malaysia (%) | 0.46 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Malta (%) | 0.89 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Mauritius (%) | 7.38 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Mexico (%) | 0.64 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
| Moldova (%) | -1.25 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mongolia (%) | 3.77 Dec 2023 | quarterly | Sep 2007 - Dec 2023 |
| Montenegro (%) | -4.61 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Morocco (%) | 5.72 2021 | yearly | 2000 - 2021 |
| Mozambique (%) | -0.29 2022 | yearly | 1992 - 2022 |
| Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
| Nepal (%) | 0.58 2022 | yearly | 1992 - 2022 |
| Netherlands (%) | -1.32 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| New Zealand (%) | -2.86 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | -0.17 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Oman (%) | -5.73 2022 | yearly | 1999 - 2022 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 5.30 2022 | yearly | 1992 - 2022 |
| Paraguay (%) | 0.66 Dec 2023 | quarterly | Mar 2018 - Dec 2023 |
| Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
| Philippines (%) | -0.82 2022 | yearly | 1992 - 2022 |
| Poland (%) | 1.43 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Portugal (%) | 1.07 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | 0.75 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 4.48 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
| Singapore (%) | -0.80 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Slovakia (%) | 0.67 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Slovenia (%) | 1.51 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| South Africa (%) | -3.56 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Spain (%) | -1.58 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Sri Lanka (%) | 7.10 Dec 2023 | quarterly | Jun 2013 - Dec 2023 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | -1.16 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Switzerland (%) | -2.27 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
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| 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) | 765.882 Feb 2024 | monthly | Dec 2004 - Feb 2024 |
| Tax Revenue (USD mn) | 12,978.324 2023 | yearly | 1993 - 2023 |
| Tax Revenue: % of GDP (%) | 17.9 2023 | yearly | 1993 - 2023 |
| 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) | 46.691 2028 | yearly | 1994 - 2028 |
| Forecast: Government Net Debt (AZN bn) | 42.467 2028 | yearly | 1995 - 2028 |
| Forecast: Government Revenue (AZN bn) | 43.588 2028 | yearly | 1994 - 2028 |
| Government Revenue: Taxes (AZN mn) | 10,587.300 2018 | yearly | 1991 - 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.9 Mar 2015 | quarterly | Dec 2009 - Mar 2015 |
| Household Debt: % of GDP (%) | 11.4 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Money Supply M1 (USD mn) | 16,848.828 Feb 2024 | monthly | Dec 1995 - Feb 2024 |
| Money Supply M2 (USD mn) | 20,155.270 Feb 2024 | monthly | Dec 1995 - Feb 2024 |
| M2 Growth (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
| Reserve Requirement Ratio (%) | 5.0 Mar 2024 | monthly | May 1993 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 12,623.6 Jan 2024 | monthly | Dec 1992 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 18.021 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 9.9 Feb 2024 | monthly | Mar 1994 - Feb 2024 |
| Gold Reserves (USD mn) | 0.000 Jan 2024 | monthly | Dec 1992 - Jan 2024 |
| Total Deposits (USD mn) | 17,362.926 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Total Deposits Growth (%) | 4.8 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Domestic Credit (USD mn) | 17,784.7 Jan 2024 | monthly | Dec 2001 - Jan 2024 |
| Domestic Credit Growth (%) | 2.5 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
| Household Debt (USD mn) | 8,394.5 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Total Loans (USD mn) | 14,487.721 Feb 2024 | monthly | Dec 2004 - Feb 2024 |
| Total Loans Growth (%) | 21.05 Feb 2024 | monthly | Dec 2005 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 22.11 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Monetary Aggregates: M1: Cash Outside Banks (AZN mn) | 15,245.458 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Monetary Aggregates: M1 (AZN mn) | 28,643.008 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Monetary Aggregates: M2 (AZN mn) | 34,263.958 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Monetary Aggregates: M3 (AZN mn) | 44,762.603 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
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