Azerbaijan Nominal GDP Growth
2002 - 2024 | Quarterly | % | CEIC Data
Key information about Azerbaijan Nominal GDP Growth
- Azerbaijan Nominal GDP Growth was reported at 2.381 % in Jun 2024.
- This records an increase from the previous number of -4.162 % for Mar 2024.
- Azerbaijan Nominal GDP Growth data is updated quarterly, averaging 13.662 % from Mar 2002 to Jun 2024, with 90 observations.
- The data reached an all-time high of 67.277 % in Mar 2007 and a record low of -22.916 % in Mar 2009.
- Azerbaijan Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The State Statistical Committee of the Republic of Azerbaijan provides Nominal GDP in local currency.
View Azerbaijan's Nominal GDP Growth from Mar 2002 to Jun 2024 in the chart:
What was Azerbaijan's Nominal GDP Growth in Jun 2024?
Azerbaijan Nominal GDP Growth was reported at 2.381 % in Jun 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.381 Jun 2024 | -4.162 Mar 2024 | -22.916 Mar 2009 | 67.277 Mar 2007 | % | quarterly | Mar 2002 - Jun 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 7.871 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Algeria (%) | 6.213 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Argentina (%) | 250.930 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Armenia (%) | 6.354 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Australia (%) | 3.547 Sep 2024 | quarterly | Sep 1960 - Sep 2024 |
| Austria (%) | 1.388 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Azerbaijan (%) | 2.381 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Bahrain (%) | 2.392 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 15.793 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Belgium (%) | 3.003 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Bolivia (%) | 5.208 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Bosnia and Herzegovina (%) | 2.641 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Botswana (%) | -2.189 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
| Brazil (%) | 8.741 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Brunei (%) | 7.833 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Bulgaria (%) | 9.514 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.311 Sep 2024 | quarterly | Mar 1958 - Sep 2024 |
| Chile (%) | 9.139 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| China (%) | 4.042 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Colombia (%) | 8.580 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Croatia (%) | 8.670 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Cyprus (%) | 5.660 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Czech Republic (%) | 5.202 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Denmark (%) | 8.318 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Ecuador (%) | 3.653 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Egypt (%) | 35.403 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Estonia (%) | 3.955 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 4.061 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Finland (%) | 0.344 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| France (%) | 3.743 Sep 2024 | quarterly | Mar 1950 - Sep 2024 |
| Georgia (%) | 12.367 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Germany (%) | 2.440 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Ghana (%) | 30.729 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Greece (%) | 5.123 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Hong Kong SAR, China (%) | 6.069 Sep 2024 | quarterly | Mar 1974 - Sep 2024 |
| Hungary (%) | 6.245 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Iceland (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| India (%) | 8.043 Sep 2024 | quarterly | Jun 1997 - Sep 2024 |
| Indonesia (%) | 6.495 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | -1.208 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Israel (%) | 4.321 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Italy (%) | 4.543 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 2.798 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Jordan (%) | 3.975 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 7.780 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| South Korea (%) | 7.226 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Kosovo (%) | 6.248 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 11.819 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 2.096 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 6.888 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Luxembourg (%) | 2.967 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Macau SAR, China (%) | 6.202 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| North Macedonia (%) | 7.276 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 5.933 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Malta (%) | 7.995 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Mauritius (%) | 14.332 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Mexico (%) | 6.870 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Moldova (%) | 4.985 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Mongolia (%) | 14.383 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Montenegro (%) | 7.679 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Morocco (%) | 3.615 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.265 Sep 2024 | quarterly | Mar 1989 - Sep 2024 |
| New Zealand (%) | 3.165 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Nigeria (%) | 17.265 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Norway (%) | 3.498 Sep 2024 | quarterly | Mar 1979 - Sep 2024 |
| Oman (%) | 4.546 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Pakistan (%) | 26.432 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -34.320 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Panama (%) | 3.631 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Paraguay (%) | 8.679 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 8.515 Sep 2024 | quarterly | Mar 1982 - Sep 2024 |
| Poland (%) | 5.845 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -10.389 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Romania (%) | 12.512 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 4.510 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Serbia (%) | 9.102 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Singapore (%) | 8.423 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| Slovakia (%) | 7.535 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Slovenia (%) | 3.950 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| South Africa (%) | 4.400 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Spain (%) | 6.688 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
| Sri Lanka (%) | 8.448 Mar 2024 | quarterly | Mar 2003 - Mar 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 3.008 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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Learn more about what we doAzerbaijan Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Consolidated Fiscal Balance (USD mn) | 2,020.176 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Tax Revenue (USD mn) | 12,978.324 2023 | yearly | 1993 - 2023 |
| Tax Revenue: % of GDP (%) | 17.9 2023 | yearly | 1993 - 2023 |
| National Government Debt (USD mn) | 9,248.2 2021 | yearly | 2008 - 2021 |
| Government Debt: % of GDP (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Forecast: Government Expenditure (AZN bn) | 46.605 2029 | yearly | 1994 - 2029 |
| Forecast: Government Net Debt (AZN bn) | 27.493 2029 | yearly | 1995 - 2029 |
| Forecast: Government Revenue (AZN bn) | 45.680 2029 | yearly | 1994 - 2029 |
| Government Revenue: Taxes (AZN mn) | 10,587.300 2018 | yearly | 1991 - 2018 |
| Government Expenditure: ytd (AZN mn) | 28,108.200 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Government Revenue: ytd (AZN mn) | 31,542.500 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Government Balance: ytd (AZN mn) | 3,434.300 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.9 Mar 2015 | quarterly | Dec 2009 - Mar 2015 |
| Household Debt: % of GDP (%) | 11.9 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Money Supply M1 (USD mn) | 16,133.171 Oct 2024 | monthly | Dec 1995 - Oct 2024 |
| Money Supply M2 (USD mn) | 20,367.627 Oct 2024 | monthly | Dec 1995 - Oct 2024 |
| M2 Growth (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
| Reserve Requirement Ratio (%) | 5.0 Sep 2024 | monthly | May 1993 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 13,012.0 Sep 2024 | monthly | Dec 1992 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 17.952 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.9 Sep 2024 | monthly | Mar 1994 - Sep 2024 |
| Gold Reserves (USD mn) | 0.000 Sep 2024 | monthly | Dec 1992 - Sep 2024 |
| Total Deposits (USD mn) | 16,883.636 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Total Deposits Growth (%) | 2.7 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Domestic Credit (USD mn) | 20,502.0 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
| Domestic Credit Growth (%) | 0.4 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Household Debt (USD mn) | 9,763.4 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Total Loans (USD mn) | 16,928.924 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Total Loans Growth (%) | 24.07 Oct 2024 | monthly | Dec 2005 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 22.79 Mar 2024 | quarterly | Dec 2001 - Mar 2024 |
| Monetary Aggregates: M1 (AZN mn) | 27,426.391 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Monetary Aggregates: M1: Cash Outside Banks (AZN mn) | 15,748.482 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Monetary Aggregates: M3 (AZN mn) | 44,452.631 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Monetary Aggregates: M2 (AZN mn) | 34,624.966 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Official Foreign Reserves (USD mn) | 11,371.700 Oct 2024 | monthly | Dec 2006 - Oct 2024 |
| Deposits: Outstanding Amounts (AZN mn) | 37,022.114 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Loans: Outstanding Amounts (AZN mn) | 28,779.170 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Loans: Outstanding Amounts: Households (AZN mn) | 16,597.765 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
More Indicators for Azerbaijan
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National Accounts
GDP: by Expenditure: 2005 Price
GDP: by Expenditure: Current Price: Annual
GDP: by Industry: 2005 Price
GDP: by Industry: Gross Value Added: Previous Year Price
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Real GDP Index: Same Period Previous Year=100
Contribution to GDP
GDP: by Expenditure: Current Price
GDP: by Income: Current Price
GDP: by Industry: Current Price
GDP: by Production: Current Price
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP