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.