GDP From Services in Azerbaijan decreased to 529.70 AZN Million in the first quarter of 2019 from 724.50 AZN Million in the fourth quarter of 2018. GDP From Services in Azerbaijan averaged 358.43 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.
GDP From Services in Azerbaijan is expected to be 621.52 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Azerbaijan to stand at 615.51 in 12 months time. In the long-term, the Azerbaijan GDP From Wholesale and Retail Trade is projected to trend around 651.73 AZN Million in 2020, according to our econometric models.