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 2021.

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.

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Azerbaijan GDP YoY

Related Last Previous Unit Reference
Industrial Production 4.50 2.60 percent Sep/21
Manufacturing Production 10.60 11.50 percent Dec/20
Mining Production 0.60 -0.90 percent Sep/21
Leading Economic Index 4.80 3.60 percent Sep/21
Changes In Inventories 752.20 620.10 AZN Million Jun/21
Car Registrations 1264542.00 1214093.00 Dec/20
Azerbaijan GDP YoY
Leading Economic Index in Azerbaijan refers to cumulative year over year changes in the country gross domestic product.