GDP Constant Prices in Azerbaijan increased to 9211.10 AZN Million in the third quarter of 2023 from 7045.10 AZN Million in the second quarter of 2023. GDP Constant Prices in Azerbaijan averaged 7313.06 AZN Million from 2012 until 2023, reaching an all time high of 9660.10 AZN Million in the fourth quarter of 2022 and a record low of 5115.30 AZN Million in the first quarter of 2012. source: The State Statistical Committee of the Republic of Azerbaijan

GDP Constant Prices in Azerbaijan is expected to be 6085.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan GDP Constant Prices is projected to trend around 9677.00 AZN Million in 2025 and 9929.00 AZN Million in 2026, according to our econometric models.

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Azerbaijan GDP Constant Prices

Related Last Previous Unit Reference
GDP Annual Growth Rate 1.80 0.40 percent Sep 2023
GDP 78.72 54.83 USD Billion Dec 2022
GDP Constant Prices 9211.10 7045.10 AZN Million Sep 2023
Gross Fixed Capital Formation 5413.10 3611.60 AZN Million Sep 2023
GDP per Capita 5590.00 5345.44 USD Dec 2022
GDP per Capita PPP 15094.28 14433.90 USD Dec 2022
Monthly GDP YoY 5.00 1.10 percent Jan 2024
Full Year GDP Growth 1.10 4.62 percent Dec 2023
GDP from Utilities 38.00 36.90 AZN Million Sep 2023
GDP from Transport 1335.20 1246.60 AZN Million Sep 2023
GDP from Services 703.20 646.90 AZN Million Sep 2023
GDP from Public Administration 209.90 187.90 AZN Million Sep 2023
GDP from Mining 3165.50 2252.60 AZN Million Sep 2023
GDP from Manufacturing 524.80 453.60 AZN Million Sep 2023
GDP from Construction 968.40 448.60 AZN Million Sep 2023
GDP from Agriculture 821.00 572.50 AZN Million Sep 2023
Gross National Product 124841.60 91268.50 AZN Million Dec 2022

Azerbaijan GDP Constant Prices
Actual Previous Highest Lowest Dates Unit Frequency
9211.10 7045.10 9660.10 5115.30 2012 - 2023 AZN Million Quarterly
Constant Prices 2005, NSA