The economy of Azerbaijan grew 2.1 percent year-on-year in January-November 2019 and amounted to 72852.2 million manat. Leading Economic Index in Azerbaijan averaged 8.31 percent from 2006 until 2019, 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.

Leading Economic Index in Azerbaijan is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Azerbaijan to stand at 2.70 in 12 months time. In the long-term, the Azerbaijan GDP YoY is projected to trend around 3.10 percent in 2020, according to our econometric models.

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Azerbaijan GDP YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.10 116.10 -4.50 2006 - 2019 percent Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-09-17 09:00 AM Aug 2.4% 2.5% 2.5%
2019-10-16 09:00 AM Sep 2.5% 2.4% 2.1%
2019-11-15 01:00 PM Oct 2.1% 2.5% 2.4%
2019-12-19 12:20 PM Nov 2.1% 2.1% 2.3%
2020-01-20 01:00 PM Dec 2.1% 2.3%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


Azerbaijan GDP YoY
Leading Economic Index in Azerbaijan refers to cumulative year over year changes in the country gross domestic product.

Azerbaijan Business Last Previous Highest Lowest Unit
Industrial Production 1.80 2.20 36.60 -30.40 percent [+]
Manufacturing Production -2.00 1.00 17.70 -32.40 percent [+]
Internet Speed 5671.61 5409.04 5671.61 287.69 KBps [+]
IP Addresses 319679.00 331781.00 399083.00 16240.00 IP [+]
Leading Economic Index 2.10 2.10 116.10 -4.50 percent [+]
Mining Production -0.10 0.10 10.53 -8.19 percent [+]
Corruption Index 25.00 31.00 31.00 15.00 Points [+]
Corruption Rank 152.00 122.00 158.00 84.00 [+]
Ease of Doing Business 34.00 25.00 71.00 25.00 [+]
Car Registrations 1170672.00 1147437.00 1170672.00 258294.00 [+]
Changes In Inventories -126.80 -87.20 114.00 -126.80 AZN Million [+]
Competitiveness Index 62.72 60.04 62.72 4.06 Points [+]
Competitiveness Rank 58.00 69.00 69.00 38.00 [+]