Azerbaijan Economy in the First Ten Months of 2014; Brief Overview

Azerbaijan Economy in the First Ten Months of 2014; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first ten months of year on November, 15, 2014. Both independent and official reports show that oil GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, oil GDP decreased 1.8 % in the first ten months of 2014 since CESD calculations... Read More

Azerbaijan Economy in The First 7 Months of 2013; Brief Overview

Azerbaijan Economy in The First 7 Months of 2013; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first 7 months of the year on August, 16, 2013. According to CESD survey, GDP Growth was 3, 8 % in the first seven months of 2013 meanwhile, the center’s price calculation results reached 3,17 % inflation rate in the same period. State Statistics Committee of Azerbaijan, however, reported... Read More

Azerbaijan Economy in The First Half of 2013; Brief Overview

Azerbaijan Economy in The First Half of 2013; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first half of year on July, 22, 2013. According to State Statistics Committee of Azerbaijan, oil production is in stabilization phase in Azerbaijan, now since the committee reported only 0,7 % decline in oil GDP. CESD calculations, however, show that oil GDP declined by 2,1 % in the indicated... Read More

Azerbaijan Economy in The First Five Months in 2013; Brief Overview

Azerbaijan Economy in The First Five Months in 2013; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first four months of year on June, 17, 2013. Meanwhile, State Statistic Committee reported that oil output in Azerbaijan declined by 3,0 % in the first five months of 2013 compared with the same period in 2012. Azerbaijan’s oil production was 18.1million tons in this period according... Read More

Azerbaijan Economy in The First Four Months in 2013; Brief Overview

Azerbaijan Economy in The First Four Months in 2013; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first four months of year on May, 17, 2013. Independent calculated data show that decline in oil production and oil export was continued in the first four months of 2013. Meanwhile, the government reports also proof that decline in oil export continue in the same period of 2013. State... Read More

Azerbaijan Economy in the First Half of 2012

Azerbaijan Economy in the First Half of 2012 In spite of the fact that Government of Azerbaijan (GoA) has failed to achieve projected economic growth forecast for the first half of 2012, the State Statistic Committee reported 1,5 %  GDP Growth. Government of Azerbaijan projected 5,7  % growth for 2012.  GDP per capita was around $ 6,0 thousand (without PPP) in the first half of 2012. According to State Committee inflation rate was 2,2 % in this... Read More