The economy of Azerbaijan grew 4.4 percent year-on-year in the January-September period of 2021, compared to a 3.9 percent slump in the previous year. Both the oil and gas (1.4 percent) and the non-oil and gas (6.2 percent) sectors of the economy expanded as the recovery from the Covid-19 pandemic continues. source: The State Statistical Committee of the Republic of Azerbaijan

Leading Economic Index in Azerbaijan averaged 7.28 percent from 2006 until 2021, reaching an all time high of 116.10 percent in September of 2012 and a record low of -4.50 percent in April of 2016. This page provides - Azerbaijan Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan GDP YoY - values, historical data and charts - was last updated on November of 2022.

Leading Economic Index in Azerbaijan is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan GDP YoY is projected to trend around 3.00 percent in 2022, according to our econometric models.

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Azerbaijan GDP YoY

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 GDP YoY
Leading Economic Index in Azerbaijan refers to cumulative year over year changes in the country gross domestic product.
Actual Previous Highest Lowest Dates Unit Frequency
4.80 3.60 116.10 -4.50 2006 - 2021 percent Monthly