Industrial Production in Azerbaijan decreased 0.10 percent in August of 2022 over the same month in the previous year. source: The State Statistical Committee of the Republic of Azerbaijan

Industrial Production in Azerbaijan averaged 0.99 percent from 1990 until 2022, reaching an all time high of 36.60 percent in December of 2006 and a record low of -30.40 percent in December of 1992. This page provides - Azerbaijan Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Industrial Production - values, historical data and charts - was last updated on December of 2022.

Industrial Production in Azerbaijan is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Industrial Production is projected to trend around 2.00 percent in 2023, according to our econometric models.

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Azerbaijan Industrial Production

Related Last Previous Unit Reference
Industrial Production -0.10 1.50 percent Aug 2022
Manufacturing Production 19.80 10.60 percent Dec 2021
Mining Production -1.10 0.60 percent Aug 2022
Changes in Inventories 1548.50 1622.00 AZN Million Jun 2022
Car Registrations 1349307.00 1264542.00 Dec 2021
Leading Economic Index 4.80 3.60 percent Sep 2021

Azerbaijan Industrial Production
In Azerbaijan, industrial production measures the output of businesses integrated in industrial sector of the economy. Mining and quarrying is the most important sector and accounts for around 70 percent of total production. The biggest segment within mining is crude petroleum and natural gas extraction. Manufacturing accounts for 20 percent. The biggest segments within manufacturing are: manufacture of refined petroleum products (10 percent); food production (2 percent) and construction materials (2 percent). Electricity, gas, steam and air conditioning supply accounts for 7 percent of total output and water supply, sewerage, waste management and remediation for 1 percent.
Actual Previous Highest Lowest Dates Unit Frequency
-0.10 1.50 36.60 -30.40 1990 - 2022 percent Monthly