Crude Oil Production in Azerbaijan decreased to 726.71 BBL/D/1K in March from 732.52 BBL/D/1K in February of 2021. source: U.S. Energy Information Administration

Crude Oil Production in Azerbaijan averaged 591.07 BBL/D/1K from 1994 until 2021, reaching an all time high of 1072 BBL/D/1K in June of 2009 and a record low of 168 BBL/D/1K in February of 1997. This page provides the latest reported value for - Azerbaijan Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Crude Oil Production - values, historical data and charts - was last updated on July of 2021.

Crude Oil Production in Azerbaijan is expected to be 800.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Azerbaijan to stand at 850.00 in 12 months time. In the long-term, the Azerbaijan Crude Oil Production is projected to trend around 850.00 BBL/D/1K in 2022, according to our econometric models.

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Azerbaijan Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
726.71 732.52 1072.00 168.00 1994 - 2021 BBL/D/1K Monthly
NSA

Azerbaijan Trade Last Previous Highest Lowest Unit
Balance of Trade 1548839.00 167956.80 8201764.00 -306551.00 USD Thousand [+]
Current Account 628.00 -20.00 6029.00 -806.00 USD Million [+]
Current Account to GDP -0.50 9.10 35.30 -31.90 percent of GDP [+]
Imports 2291785.00 2657072.70 4754916.00 312012.00 USD Thousand [+]
Exports 3840624.00 2825029.50 9996038.00 129728.00 USD Thousand [+]
Capital Flows 296.00 1157.00 4414.00 -2980.00 USD Million [+]
Crude Oil Production 726.71 732.52 1072.00 168.00 BBL/D/1K [+]
Gold Reserves 0.00 0.00 30.20 0.00 Tonnes [+]
External Debt 15840362.60 16212184.50 16212184.50 35540.00 USD Thousand [+]
Foreign Direct Investment 1136.00 1284.00 2231.00 586.00 USD Million [+]
Remittances 105.00 238.00 286.08 -170.00 USD Million [+]
Terrorism Index 0.30 0.70 2.93 0.09 [+]
Tourist Arrivals 30950.00 12777.00 30950.00 2009.00 [+]