Economic growth, percent change in quarterly real GDP
| Latest value
||The State Statistical Committee of the Republic of Azerbaijan
The latest data from Q2 2022 show economic growth of 5.69 percent,
which is a decrease from the rate of growth of 6.8 percent in the previous quarter and
an increase compared to the growth rate of 3.68 percent in the same quarter last year.
The economic growth time series for Azerbaijan cover the period from Q1 2002 to Q2 2022.
During that time span, the average growth rate for Azerbaijan was
7.64 percent. The lowest rate of growth of -6.71 percent was recorded in Q3 2020 while the highest growth rate was 40.41 percent in Q1 2006.
See more information about that indicator and compare to other countries on our Economic growth page
Economic outlook around the world
Longer historical series
* indicates monthly or quarterly data series
Source: The State Statistical Committee of the Republic of Azerbaijan
Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.