Crude Oil Production in Azerbaijan decreased to 653 BBL/D/1K in September from 677 BBL/D/1K in August of 2020. source: U.S. Energy Information Administration

Crude Oil Production in Azerbaijan averaged 588.91 BBL/D/1K from 1994 until 2020, 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. This page provides the latest reported value for - Azerbaijan Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Crude Oil Production - values, historical data and charts - was last updated on January of 2021.

Crude Oil Production in Azerbaijan is expected to be 800.00 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 2021, according to our econometric models.

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Azerbaijan Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
653.00 677.00 1072.00 168.00 1994 - 2020 BBL/D/1K Monthly
NSA

Azerbaijan Trade Last Previous Highest Lowest Unit
Balance of Trade 56543.50 414025.80 8201764.00 -306551.00 USD Thousand [+]
Current Account 646.00 362.00 6029.00 -738.00 USD Million [+]
Current Account to GDP 9.10 12.80 35.30 -31.90 percent [+]
Imports 2629910.60 2199479.70 4754916.00 312012.00 USD Thousand [+]
Exports 2686454.10 2613505.50 9996038.00 129728.00 USD Thousand [+]
Capital Flows 1394.00 -490.00 4414.00 -2980.00 USD Million [+]
Crude Oil Production 653.00 677.00 1072.00 168.00 BBL/D/1K [+]
Gold Reserves 0.00 0.00 30.20 0.00 Tonnes [+]
Foreign Direct Investment 1284.00 919.00 2231.00 586.00 USD Million [+]
External Debt 15840362.60 16212184.50 16212184.50 35540.00 USD Thousand [+]
Remittances 66.00 121.00 286.08 -170.00 USD Million [+]
Terrorism Index 0.30 0.70 2.93 0.09 [+]
Tourist Arrivals 30950.00 12777.00 30950.00 2009.00 [+]