Azerbaijan Economy in 2016; Brief Overview

Azerbaijan Economy in of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.8 % in 2016 since CESD calculations found out 4.4 % decline in the economy. According to the State Statistic Committee reports, the... Read More

Azerbaijan Economy in the First Eleven Months of 2016; Brief Overview

Azerbaijan Economy in the First Eleven Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eleven months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.9 % in the first eleven months in 2016 since CESD calculations found out 4.4 % decline... Read More

Azerbaijan Economy in the First Ten Months of 2016; Brief Overview

Azerbaijan Economy in the First Ten Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first ten months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.7 % in the first ten months in 2016 since CESD calculations found out 4.1 % decline in... Read More

CESD: IMF’s GDP forecast for Azerbaijan is not realistic

CESD: IMF’s GDP forecast for Azerbaijan is not realistic The International Monetary Fund (IMF) forecasts GDP growth in Azerbaijan in 2017 at the level of 1.4 %. This is stated in the IMF’s November forecast on the economy of the Caucasus and Central Asia. Meanwhile, the International Monetary Fund predicted a fall in GDP of Azerbaijan for 2016 at 2.4%, in 2017 an growth of 1.4 %. According to Fund’s projections, average annual inflation... Read More

Azerbaijan Economy in the First Nine Months of 2016; Brief Overview

Azerbaijan Economy in the First Nine Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first nine months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.9 % in the first nine months in 2016 since CESD calculations found out 4.3 % decline... Read More

Another big decline in GDP

Another big decline in GDP Azerbaijani GDP declined by 3.9 % in the first nine months of 2016. According to the State Statistics Committee of Azerbaijan, GDP made 43.436 billion manat ($ 22.861 billion US) in the indicated period. GDP per capita for the first nine months of 2016 was 4. 512 thousand manat ($ 2.837 thousand US). The State Committee has reported that 65.7% of GDP was formed in non-oil sectors, 34.3% in oil and gas sector. The value added... Read More

Azerbaijan Economy in the First Eight Months of 2016; Brief Overview

Azerbaijan Economy in the First Eight Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eight months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.1 % in the first eight months in 2016 since CESD calculations found out 3.9 % decline... Read More

Azerbaijan Economy in the First Seven Months of 2016; Brief Overview

Azerbaijan Economy in the First Seven Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first seven months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.0 % in the first seven months in 2016 since CESD calculations found out 3.7 % decline... Read More

Azerbaijan Economy in the First Half of 2016; Brief Overview

Azerbaijan Economy in the First Half of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first half in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.4 % in the first half in 2016 since CESD calculations found out 4.1 % decline in the economy. According... Read More

Azerbaijan Economy in the First Quarter in 2016; Brief Overview

Azerbaijan Economy in the First Quarter in 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first quarter in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.5 % in the first quarter in 2016 since CESD calculations found out 4.1 % decline in the economy. Download... Read More

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