Crude Oil Production in Azerbaijan increased to 763 BBL/D/1K in September from 758 BBL/D/1K in August of 2019. Crude Oil Production in Azerbaijan averaged 583.91 BBL/D/1K from 1994 until 2019, reaching an all time high of 1072 BBL/D/1K in June of 2009 and a record low of 168 BBL/D/1K in February of 1997.

Crude Oil Production in Azerbaijan is expected to be 725.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Azerbaijan to stand at 800.00 in 12 months time. In the long-term, the Azerbaijan Crude Oil Production is projected to trend around 850.00 BBL/D/1K in 2020, according to our econometric models.

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Azerbaijan Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
763.00 758.00 1072.00 168.00 1994 - 2019 BBL/D/1K Monthly
NSA

Azerbaijan Trade Last Previous Highest Lowest Unit
Balance of Trade 2008164.70 348851.00 8201764.00 -306551.00 USD Thousand [+]
Current Account 941.00 1459.00 6029.00 -738.00 USD Million [+]
Current Account to GDP 7.90 5.50 35.30 -31.90 percent [+]
Imports 3077246.60 4754916.00 4754916.00 312012.00 USD Thousand [+]
Exports 5085411.30 5103166.00 9996038.00 129728.00 USD Thousand [+]
Capital Flows 397.00 -274.00 4414.00 -2980.00 USD Million [+]
Crude Oil Production 763.00 758.00 1072.00 168.00 BBL/D/1K [+]
Gold Reserves 0.00 0.00 30.20 0.00 Tonnes [+]
Foreign Direct Investment 915.00 809.00 2231.00 586.00 USD Million [+]
External Debt 16212184.50 15253903.00 16212184.50 35540.00 USD Thousand [+]
Terrorism Index 0.70 0.96 2.93 0.09 [+]
Tourist Arrivals 12777.00 13455.00 23440.00 2009.00 [+]
Remittances 131.00 125.00 286.08 -170.00 USD Million [+]