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Azerbaijan Real GDPAzerbaijan Real GDPAzerbaijan Real GDP

Azerbaijan Real GDP

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AZGDPCP chart



Key data points


Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
‪10.07 B‬ AZN on Dec 31, 2024
Lowest
‪5.12 B‬ AZN on Mar 31, 2012

About Azerbaijan Real GDP


Category
GDP
Source
Central Bank
Frequency
Quarterly
Units
AZN

Azerbaijan in figures — see more economic indicators tied to AZGDPCP.
Full Year GDP Growth
AZFYGDPG
GDP
AZGDP
GDP From Agriculture
AZGDPA
GDP From Construction
AZGDPC
Real GDP
AZGDPCP
GDP From Manufacturing
AZGDPMAN
GDP From Mining
AZGDPMIN
GDP From Public Administration
AZGDPPA
GDP Per Capita
AZGDPPC
GDP Per Capita PPP
AZGDPPCP
GDP From Services
AZGDPS
GDP From Transport
AZGDPT
GDP From Utilities
AZGDPU
GDP Growth
AZGDPYY
Gross Fixed Capital Formation
AZGFCF
Gross National Product
AZGNP
Monthly GDP YoY
AZMGDPYY

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Azerbaijan Real GDP was 6.24 B AZN, and the quarter before it reached 10.07 B AZN.