Azerbaijan Private Consumption: % of GDP

Key information about Azerbaijan Private Consumption: % of GDP

• Azerbaijan Private Consumption accounted for 44.0 % of its Nominal GDP in Sep 2022, compared with a ratio of 41.3 % in the previous quarter.
• Azerbaijan Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 2001 to Sep 2022, with an average share of 49.9 %.
• The data reached an all-time high of 70.4 % in Dec 2003 and a record low of 30.4 % in Dec 2007.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The State Statistical Committee of the Republic of Azerbaijan provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Azerbaijan Private Consumption: % of GDP

• In the latest reports, Azerbaijan GDP expanded 4.6 % YoY in Sep 2022.
• Its Nominal GDP reached 20.4 USD bn in Sep 2022.
• Azerbaijan GDP Per Capita reached 7,818.9 USD in Dec 2022.
• Its Gross Savings Rate was measured at 46.4 % in Sep 2022.

View Azerbaijan's Private Consumption: % of GDP from Mar 2001 to Sep 2022 in the chart:

What was Azerbaijan's Private Consumption: % of GDP in Sep 2022?

Azerbaijan Private Consumption accounted for 44.0 % of its Nominal GDP in Sep 2022, compared with a ratio of 41.3 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
44.0 Sep 2022	41.3 Jun 2022	30.4 Dec 2007	70.4 Dec 2003	%	quarterly	Mar 2001 - Sep 2022

Private Consumption: % of GDP by Country Comparison

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