GDP
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Azerbaijan's gross domestic product (GDP) in the oil and gas sector grew by 0.6 percent in the first half of 2024 compared to the same period last year, reaching 20.72 billion manats ($12.2 billion),...
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In the first half of 2024, Azerbaijan produced a gross domestic product amounting to 59,520.4 million manats, which is 4.3% higher than the same period last year, according to the State Statistics Com...
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Real GDP growth in Azerbaijan is expected to reach 2.3 percent in 2024, and then increase to 2.4 percent in 2025, the June report "Global Economic Prospects" of the World Bank. It is worth noting that...
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Azerbaijan’s economy appears to be experiencing mixed fortunes according to the latest data from the State Statistics Committee. The Committee reports a GDP growth of 4.2% in the first five months of...
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The Ministry of Economy of Azerbaijan has revised its macroeconomic forecast, increasing the average annual export price of oil from $60 to $75 per barrel. This $15 increase is based on actual sales p...
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According to the updated forecast of the Government of Azerbaijan, in 2024 the country should produce a gross domestic product (GDP) worth 121.3 billion manats, the Ministry of Finance. The report say...
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In the first quarter of 2024, the nominal GDP of Azerbaijan amounted to 29 billion 96.8 million manats, the real economic growth is estimated at 4%. According to the State Committee on Statistics of t...
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The State Statistics Committee of Azerbaijan recently released data shedding light on the country's economic performance in January 2024, providing insights into both nominal GDP figures and sectoral...