Retirement Age Men in Azerbaijan increased to 63.50 in 2018 from 63 in 2017. Retirement Age Men in Azerbaijan averaged 62.90 from 2009 until 2018, reaching an all time high of 63.50 in 2018 and a record low of 62 in 2009. This page provides - Azerbaijan Retirement Age Men- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retirement Age Women in Azerbaijan increased to 60.50 in 2018 from 60 in 2017. Retirement Age Women in Azerbaijan averaged 59 from 2009 until 2018, reaching an all time high of 60.50 in 2018 and a record low of 57 in 2009. This page provides - Azerbaijan Retirement Age Women- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Azerbaijan increased 3 percent in 2018 over the previous year. Retail Sales YoY in Azerbaijan averaged 7.26 percent from 1985 until 2018, reaching an all time high of 55 percent in 1990 and a record low of -56.10 percent in 1992. In Azerbaijan, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Azerbaijan Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in Azerbaijan was last recorded at 28.5 percent of GDP in 2018 . Government Spending To GDP in Azerbaijan averaged 23.45 percent of GDP from 1995 until 2018, reaching an all time high of 33.20 percent of GDP in 2013 and a record low of 15.20 percent of GDP in 2001. This page provides - Azerbaijan Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Azerbaijan increased to 5.20 percent in 2018 from 5 percent in 2017. Unemployment Rate in Azerbaijan averaged 6.28 percent from 1991 until 2018, reaching an all time high of 11.80 percent in 2000 and a record low of 4.50 percent in 1996. In Azerbaijan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Azerbaijan Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Azerbaijan was last recorded at 5769 US dollars in 2018. The GDP per Capita in Azerbaijan is equivalent to 46 percent of the world's average. GDP per capita in Azerbaijan averaged 3577.76 USD from 1990 until 2018, reaching an all time high of 6072.60 USD in 2014 and a record low of 1235 USD in 1995. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Azerbaijan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Azerbaijan was last recorded at 16011 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Azerbaijan, when adjusted by Purchasing Power Parity is equivalent to 90 percent of the world's average. GDP per capita PPP in Azerbaijan averaged 9929.56 USD from 1990 until 2018, reaching an all time high of 16853.60 USD in 2014 and a record low of 3427.60 USD in 1995. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides the latest reported value for - Azerbaijan GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Azerbaijan increased 1.80 percent in 2019 over the previous year. Industrial Production in Azerbaijan averaged 1.33 percent from 1990 until 2019, reaching an all time high of 36.60 percent in 2006 and a record low of -30.40 percent in 1992. In Azerbaijan, industrial production measures the output of businesses integrated in industrial sector of the economy. Mining and quarrying is the most important sector and accounts for around 70 percent of total production. The biggest segment within mining is crude petroleum and natural gas extraction. Manufacturing accounts for 20 percent. The biggest segments within manufacturing are: manufacture of refined petroleum products (10 percent); food production (2 percent) and construction materials (2 percent). Electricity, gas, steam and air conditioning supply accounts for 7 percent of total output and water supply, sewerage, waste management and remediation for 1 percent. This page provides - Azerbaijan Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Azerbaijan increased to 10.28 percent in 2018 from 8.43 percent in 2017. Deposit Interest Rate in Azerbaijan averaged 10.15 percent from 1999 until 2018, reaching an all time high of 12.90 percent in 2000 and a record low of 7.70 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Azerbaijan.

Car Registrations in Azerbaijan increased to 1170672 in 2018 from 1147437 in 2017. Car Registrations in Azerbaijan averaged 588915.41 from 1990 until 2018, reaching an all time high of 1170672 in 2018 and a record low of 258294 in 1992. This page provides - Azerbaijan Car Registrations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Azerbaijan remained unchanged at 0 Tonnes in the second quarter of 2019 from 0 Tonnes in the first quarter of 2019. Gold Reserves in Azerbaijan averaged 4.78 Tonnes from 2000 until 2019, reaching an all time high of 30.20 Tonnes in the fourth quarter of 2014 and a record low of 0 Tonnes in the second quarter of 2000.

The number of employed persons in Azerbaijan increased to 4879.30 Thousand in 2018 from 4822.10 Thousand in 2017. Employed Persons in Azerbaijan averaged 4099.24 Thousand from 1990 until 2018, reaching an all time high of 4879.30 Thousand in 2018 and a record low of 3613 Thousand in 1995. In Azerbaijan, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Azerbaijan Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Azerbaijan increased by 915 USD Million in the second quarter of 2019. Foreign Direct Investment in Azerbaijan averaged 1285.44 USD Million from 2006 until 2019, reaching an all time high of 2231 USD Million in the fourth quarter of 2014 and a record low of 586 USD Million in the third quarter of 2009. This page provides - Azerbaijan Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Disposable Personal Income in Azerbaijan increased to 53688.60 AZN Million in 2018 from 49187.90 AZN Million in 2017. Disposable Personal Income in Azerbaijan averaged 30863.01 AZN Million from 2000 until 2018, reaching an all time high of 53688.60 AZN Million in 2018 and a record low of 3748 AZN Million in 2000. This page provides the latest reported value for - Azerbaijan Disposable Personal Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tourist Arrivals in Azerbaijan decreased to 12777 in 2018 from 13455 in 2017. Tourist Arrivals in Azerbaijan averaged 13961.38 from 2006 until 2018, reaching an all time high of 23440 in 2012 and a record low of 2009 in 2015. This page provides - Azerbaijan Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Azerbaijan increased to 253.80 Thousand in 2018 from 251.70 Thousand in 2017. Unemployed Persons in Azerbaijan averaged 306.36 Thousand from 2000 until 2018, reaching an all time high of 514.70 Thousand in 2000 and a record low of 236.60 Thousand in 2013. This page provides - Azerbaijan Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages In Manufacturing in Azerbaijan increased to 554.10 AZN/Month in 2018 from 554 AZN/Month in 2017. Wages In Manufacturing in Azerbaijan averaged 278.75 AZN/Month from 1999 until 2018, reaching an all time high of 554.10 AZN/Month in 2018 and a record low of 48.80 AZN/Month in 1999. This page provides - Azerbaijan Wages In Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan scored 62.72 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Azerbaijan averaged 17.40 Points from 2007 until 2019, reaching an all time high of 62.72 Points in 2019 and a record low of 4.06 Points in 2008. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Azerbaijan Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Azerbaijan is the 58 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Azerbaijan averaged 55 from 2007 until 2019, reaching an all time high of 69 in 2009 and a record low of 38 in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Azerbaijan Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

External Debt in Azerbaijan increased to 16212184.50 USD Thousand in 2018 from 15253903 USD Thousand in 2017. External Debt in Azerbaijan averaged 5367912.17 USD Thousand from 1993 until 2018, reaching an all time high of 16212184.50 USD Thousand in 2018 and a record low of 35540 USD Thousand in 1993. This page provides - Azerbaijan External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Azerbaijan expanded 2.50 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Azerbaijan averaged 8.62 percent from 2001 until 2019, reaching an all time high of 40.40 percent in the first quarter of 2006 and a record low of -3.90 percent in the third quarter of 2016. Azerbaijan economy is based on oil and gas extraction which account for 95 percent of exports and 75 percent of government revenues. . This page provides - Azerbaijan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan is ranked 34 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Azerbaijan deteriorated to 34 in 2019 from 25 in 2018. Ease of Doing Business in Azerbaijan averaged 54.75 from 2008 until 2019, reaching an all time high of 71 in 2012 and a record low of 25 in 2018. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Azerbaijan.

Terrorism Index in Azerbaijan decreased to 0.70 in 2018 from 0.96 in 2017. Terrorism Index in Azerbaijan averaged 1.29 from 2002 until 2018, reaching an all time high of 2.93 in 2008 and a record low of 0.09 in 2006. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

GDP From Mining in Azerbaijan decreased to 2425 AZN Million in the second quarter of 2019 from 2479.90 AZN Million in the first quarter of 2019. GDP From Mining in Azerbaijan averaged 2550.13 AZN Million from 2001 until 2019, reaching an all time high of 4803.20 AZN Million in the fourth quarter of 2010 and a record low of 563.30 AZN Million in the first quarter of 2001. This page provides - Azerbaijan Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross National Product in Azerbaijan increased to 75956.30 AZN Million in 2018 from 67678.60 AZN Million in 2017. Gross National Product in Azerbaijan averaged 23206.10 AZN Million from 1990 until 2018, reaching an all time high of 75956.30 AZN Million in 2018 and a record low of 0.30 AZN Million in 1990. This page provides - Azerbaijan Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan scored 30 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Azerbaijan averaged 23.57 Points from 1999 until 2019, reaching an all time high of 31 Points in 2017 and a record low of 15 Points in 2000. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Azerbaijan Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Azerbaijan is the 126 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Azerbaijan averaged 126.43 from 1999 until 2019, reaching an all time high of 158 in 2008 and a record low of 84 in 2001. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Azerbaijan Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Deflator in Azerbaijan increased to 99.10 points in November from 98.40 points in October of 2019. GDP Deflator in Azerbaijan averaged 106.26 points from 2006 until 2019, reaching an all time high of 233.70 points in September of 2012 and a record low of 63.90 points in May of 2009. This page provides - Azerbaijan Gdp Deflator- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in Azerbaijan increased 0.40 percent in December of 2019 over the same month in the previous year. Mining Production in Azerbaijan averaged 0.49 percent from 2014 until 2019, reaching an all time high of 10.53 percent in March of 2018 and a record low of -8.19 percent in August of 2017. This page provides - Azerbaijan Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Azerbaijan increased to 6183.10 USD Million in November from 6144.70 USD Million in October of 2019. Foreign Exchange Reserves in Azerbaijan averaged 7686.55 USD Million from 2009 until 2019, reaching an all time high of 15193.40 USD Million in July of 2014 and a record low of 3974.40 USD Million in December of 2016. This page provides - Azerbaijan Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Azerbaijan increased to 13485.80 AZN Million in September from 13227.40 AZN Million in August of 2019. Money Supply M1 in Azerbaijan averaged 7604.36 AZN Million from 2006 until 2019, reaching an all time high of 13520.40 AZN Million in July of 2019 and a record low of 658.50 AZN Million in January of 2006. This page provides - Azerbaijan Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Azerbaijan increased to 26742.20 AZN Million in November from 26446.90 AZN Million in October of 2019. Money Supply M3 in Azerbaijan averaged 14465.34 AZN Million from 2006 until 2019, reaching an all time high of 26742.20 AZN Million in November of 2019 and a record low of 1782 AZN Million in January of 2006. This page provides - Azerbaijan Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Azerbaijan stands at 20 percent. Corporate Tax Rate in Azerbaijan averaged 21.12 percent from 2004 until 2020, reaching an all time high of 25 percent in 2004 and a record low of 20 percent in 2010. In Azerbaijan, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Azerbaijan. This page provides - Azerbaijan Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Azerbaijan stands at 18 percent. In Azerbaijan, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Azerbaijan. This page provides - Azerbaijan Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Azerbaijan stands at 25 percent. Personal Income Tax Rate in Azerbaijan averaged 29.29 percent from 2006 until 2019, reaching an all time high of 35 percent in 2007 and a record low of 25 percent in 2013. In Azerbaijan, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Azerbaijan. This page provides - Azerbaijan Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Azerbaijan stands at 22 percent. This page provides - Azerbaijan Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Azerbaijan stands at 3 percent. This page provides - Azerbaijan Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Azerbaijan stands at 25 percent. This page provides - Azerbaijan Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Azerbaijan increased to 742.40 AZN Million in the third quarter of 2019 from 467.40 AZN Million in the second quarter of 2019. GDP From Agriculture in Azerbaijan averaged 316.22 AZN Million from 2001 until 2019, reaching an all time high of 742.40 AZN Million in the third quarter of 2019 and a record low of 94.10 AZN Million in the first quarter of 2001. This page provides - Azerbaijan Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Azerbaijan increased to 750.90 AZN Million in the third quarter of 2019 from 522.90 AZN Million in the second quarter of 2019. GDP From Construction in Azerbaijan averaged 537.64 AZN Million from 2001 until 2019, reaching an all time high of 1345.30 AZN Million in the fourth quarter of 2014 and a record low of 49.70 AZN Million in the first quarter of 2001. This page provides - Azerbaijan Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Azerbaijan increased to 367.50 AZN Million in the third quarter of 2019 from 330.80 AZN Million in the second quarter of 2019. GDP From Manufacturing in Azerbaijan averaged 242.80 AZN Million from 2001 until 2019, reaching an all time high of 371.30 AZN Million in the fourth quarter of 2018 and a record low of 117.40 AZN Million in the first quarter of 2001. This page provides - Azerbaijan Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Azerbaijan increased to 124.10 AZN Million in the second quarter of 2019 from 100.20 AZN Million in the first quarter of 2019. GDP From Public Administration in Azerbaijan averaged 118.46 AZN Million from 2001 until 2019, reaching an all time high of 220.40 AZN Million in the fourth quarter of 2018 and a record low of 64.80 AZN Million in the first quarter of 2001. This page provides - Azerbaijan Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Azerbaijan decreased to 618.10 AZN Million in the third quarter of 2019 from 648.90 AZN Million in the second quarter of 2019. GDP From Services in Azerbaijan averaged 365.78 AZN Million from 2001 until 2019, reaching an all time high of 724.50 AZN Million in the fourth quarter of 2018 and a record low of 119.80 AZN Million in the third quarter of 2001. This page provides - Azerbaijan Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Azerbaijan increased to 1066.30 AZN Million in the third quarter of 2019 from 922.80 AZN Million in the second quarter of 2019. GDP From Transport in Azerbaijan averaged 507.23 AZN Million from 2001 until 2019, reaching an all time high of 1066.30 AZN Million in the third quarter of 2019 and a record low of 147.20 AZN Million in the first quarter of 2001. This page provides - Azerbaijan Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Azerbaijan decreased to 30.60 AZN Million in the third quarter of 2019 from 31.60 AZN Million in the second quarter of 2019. GDP From Utilities in Azerbaijan averaged 26.36 AZN Million from 2001 until 2019, reaching an all time high of 41.70 AZN Million in the fourth quarter of 2018 and a record low of 15.40 AZN Million in the third quarter of 2001. This page provides - Azerbaijan Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in Azerbaijan increased to 12278.50 AZN Million in the third quarter of 2019 from 11837.60 AZN Million in the second quarter of 2019. Consumer Spending in Azerbaijan averaged 4793.21 AZN Million from 2001 until 2019, reaching an all time high of 12278.50 AZN Million in the third quarter of 2019 and a record low of 700 AZN Million in the first quarter of 2001. This page provides the latest reported value for - Azerbaijan Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Spending in Azerbaijan increased to 2251.80 AZN Million in the third quarter of 2019 from 2048.60 AZN Million in the second quarter of 2019. Government Spending in Azerbaijan averaged 1083.47 AZN Million from 2001 until 2019, reaching an all time high of 2522.10 AZN Million in the fourth quarter of 2016 and a record low of 146.50 AZN Million in the first quarter of 2001. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Azerbaijan Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Azerbaijan increased to 4839.60 AZN Million in the third quarter of 2019 from 3879.60 AZN Million in the second quarter of 2019. Gross Fixed Capital Formation in Azerbaijan averaged 2395.09 AZN Million from 2001 until 2019, reaching an all time high of 4980.50 AZN Million in the fourth quarter of 2017 and a record low of 173 AZN Million in the first quarter of 2001. This page provides the latest reported value for - Azerbaijan Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing Production in Azerbaijan increased 8 percent in December of 2018 over the same month in the previous year. Manufacturing Production in Azerbaijan averaged -0.83 percent from 1990 until 2018, reaching an all time high of 17.70 percent in 2003 and a record low of -32.40 percent in 1992. This page provides - Azerbaijan Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Azerbaijan was worth 57 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Azerbaijan represents 0.05 percent of the world economy. GDP in Azerbaijan averaged 27.21 USD Billion from 1990 until 2019, reaching an all time high of 75.24 USD Billion in 2014 and a record low of 3.05 USD Billion in 1995. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Azerbaijan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.