Posted by Administrator on April 24, 2017 · Leave a Comment
Azerbaijan Economy in the first quarter of 2017; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first quarter of 2017. Both independent and official reports show that GDP decreased in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by 0.9 % in the first quarter of 2017 compared with the period of 2016 since CESD calculations found out... Read More
Filed under News · Tagged with Azerbaijan economy 2017, Azerbaijan Economy in the first quarter of 2017; Brief Overview, Azerbaijan economy January- March, Azerbaijan economy January- March 2017, Azerbaijan export, Azerbaijan GDP, Azerbaijan il output 2017, Azerbaijan import, Azerbaijan inflation, Azerbaijan oil production, CESD, CESD 2017, economy of Azerbaijan 2017, inflation Azerbaijan, oil output Azerbaijan
Posted by Administrator on October 21, 2016 · Leave a Comment
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
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Posted by Administrator on January 16, 2015 · Leave a Comment
Azerbaijan Economy in 2014
Decline of oil price in the world market was the main character of Azerbaijan economy in 2014. As an oil exporter country, Azerbaijan might face the effects of a sharp fall in oil revenue after oil price decline in the world market. Azerbaijan is heavily dependent on oil and natural gas export revenues. In fact, 2014 was somehow successful for Azerbaijan economy since the country was able to reserve growth in the almost... Read More
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Posted by Administrator on December 30, 2014 · Leave a Comment
Assessment of Effect of Declining Oil Prices on Azerbaijan Economy
The main goal of the study is to assess how oil price decline in the world market will potentially impact Azerbaijani Economy. The paper specifically looks how last changes in the world market will effect on both revenue and expenditure sides of the state budget. The study also examines “side impact” and “domino effects” of low oil prices.
As an oil exporter country Azerbaijan... Read More
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Posted by Administrator on November 13, 2014 · Leave a Comment
New decline in oil industry and Growth in non-oil sector in Azerbaijan
The State Statistics Committee of Azerbaijan reported that oil and gas industry declined by 1.7% in last 10 months of 2014 compared to the same period in previous year. Monthly decline has been observed in 2014. The highest declined was registered in January, 2014: energy sector declined 5.2 % in the first month compared to the same month of 2013.
Meanwhile non-oil industry grew... Read More
Filed under News · Tagged with Azerbaijan, Azerbaijan Economy, Azerbaijan energy sector, Azerbaijan gas output, Azerbaijan oil output, Azeri economy, CESD, CESD Azerbaijan, decline in oil industry, economic development Azerbaijan, Economy Azerbaijan, energy sector Azerbaijan, gas industry, industry, industry Azerbaijan, New decline in oil industry and Growth in non-oil sector in Azerbaijan, non-oil industry, oil and gas, oil industry, oil output Azerbaijan
Posted by Administrator on June 12, 2014 · Leave a Comment
Azeri Oil Output Declined in the first five months of 2014
Azerbaijan produced 17.7 million tonnes of oil and gas condensates in the first five months of 2014, versus 18.12 million tonnes in the same period of 2013, the Azerbaijan State Statistical Committee reported on June 12, 2014. The output declined by 2.3 % in the indicated period of 2014 compared to the same passé in previous year.
The most part of the produced oil fell to the Azeri-Chirag-Guneshli... Read More
Filed under News · Tagged with 014 economic growth, Azerbaijan, Azerbaijan Economic Forecast 2014: Tottering Growth, Azerbaijan Economy, Azerbaijan economy 2014, Azerbaijan's GDP, Azeri Oil Export, Azeri oil export in 2013, Baku-Tbilisi-Ceyhan pipeline, BTC pipeline oil export declined by 3, Budget, budget transferts, Center for Economic and Social Development, Center for Economic and Social Development (CESD) is among top fifty think tanks – worldwide (non-US), CESD, Export, export decline, GDP Growth, GDP Growth Azerbaijan, GDP in Azerbaijan, IMF, IMF forecasts, non-oil sector, non-oil sector in Azerbaijan, Oil, oil company Azerbaijan, oil export in 2013, oil export of Azerbaijan, Oil Fund Azerbaija, oil GDP, oil GDP in Azerbaijan, oil output, oil output Azerbaijan, oil production, oil sector, oil sector in Azerbaijan, SOCAR, SOCAR oil, SOCAR oil export, SOFAZ, State Oil Company of Azerbaijan Republic
Posted by Administrator on March 19, 2013 · Leave a Comment
Oil Output Dropped by 4,0 % in Azerbaijan
CESD forecasts decline in oil sector by 5,0 % in 2013 based on its econometric models and PSA matrix
Azerbaijan produced 7,2 million tons of oil in January-February , 2013- The State Statistical Committee of Azerbaijan reported. 3,8 million tons were produced in January and 3,4 million tons in February. Oil production has dropped by 300,0 thousand tons or by 4,0 % over the same period of 2012.
Meanwhile,... Read More
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Posted by Administrator on November 20, 2012 · Leave a Comment
Azerbaijan Economy in the First Ten Months of 2012
Volume of industrial production was AZN 28.5 billion ($ 36,5 billion) in the first 10 months of 2012 as State Statistic Committee reported. Industrial production decreased by 3,9 % in reporting period compare with the same period of 2011. It was the main reason that Government of Azerbaijan (GoA) has adjusted its previous official forecast of 5.7 % GDP growth in 2012 to 2.5 % right Hence, it seems... Read More
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