Azerbaijan Public Consumption: % of GDP

Key information about Azerbaijan Public Consumption: % of GDP

• Azerbaijan Public Consumption accounted for 17.6 % of its Nominal GDP in Jun 2024, compared with a share of 14.2 % in the previous quarter.
• Azerbaijan Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 2001 to Jun 2024, with an average number of 11.4 %.
• The data reached an all-time high of 18.8 % in Dec 2020 and a record low of 6.6 % in Mar 2008.

• In the latest reports, Azerbaijan GDP expanded 4.0 % YoY in Mar 2024.
• Azerbaijan Nominal GDP reached 21.0 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 21.7 % in Dec 2022.
• Azerbaijan GDP Per Capita reached 7,126.2 USD in Dec 2023.
• Its Gross Savings Rate was measured at 26.8 % in Jun 2024.
• For Nominal GDP contributions, Investment accounted for 18.3 % in Mar 2024.
• Private Consumption accounted for 44.4 % in Dec 2022.

View Azerbaijan's Public Consumption: % of GDP from Mar 2001 to Jun 2024 in the chart:

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What was Azerbaijan's Public Consumption: % of GDP in Jun 2024?

Azerbaijan Public Consumption accounted for 17.6 % of its Nominal GDP in Jun 2024, compared with a share of 14.2 % in the previous quarter. See the table below for more data.

Public Consumption: % of GDP by Country Comparison

Azerbaijan Key Series

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