GDP From Services in Azerbaijan increased to 724.50 AZN Million in the fourth quarter of 2018 from 599.10 AZN Million in the third quarter of 2018. GDP From Services in Azerbaijan averaged 356.05 AZN Million from 2001 until 2018, reaching an all time high of 724.50 AZN Million in the fourth quarter of 2018 and a record low of 119.80 AZN Million in the third quarter of 2001.
GDP From Services in Azerbaijan is expected to be 651.40 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Azerbaijan to stand at 615.51 in 12 months time. In the long-term, the Azerbaijan GDP From Wholesale and Retail Trade is projected to trend around 651.73 AZN Million in 2020, according to our econometric models.