Consumer Spending in Azerbaijan decreased to 11226.80 AZN Million in the first quarter of 2020 from 12224.60 AZN Million in the fourth quarter of 2019.
Consumer Spending in Azerbaijan averaged 4962.85 AZN Million from 2001 until 2020, reaching an all time high of 12224.60 AZN Million in the fourth 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. Azerbaijan Consumer Spending - values, historical data and charts - was last updated on October of 2020.
Consumer Spending in Azerbaijan is expected to be 11245.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Azerbaijan to stand at 12567.00 in 12 months time. In the long-term, the Azerbaijan Consumer Spending is projected to trend around 12001.00 AZN Million in 2021 and 12313.00 AZN Million in 2022, according to our econometric models.