BAKU, Azerbaijan, August 14. The first half of the current year saw a real uptick in Azerbaijan's domestic consumption, giving aggregate demand a much-needed shot in the arm.
The data obtained by Trend from the Central Bank of Azerbaijan shows that
during the inaugural quarter of 2025, the terminal household
consumer expenditures constituted 58.2 percent of nominal GDP,
reflecting a 2.7 percentage point uptick relative to the
corresponding timeframe of the previous year. Concurrently, the
terminal consumer expenditures attributed to governmental entities
represented 15 percent, marking a year-on-year enhancement of 1.2
percentage points.
Throughout the designated reporting interval, the aggregate
household consumer expenditure experienced an uptick of 8.26
percent in nominal metrics, while the fiscal outlays of
governmental entities for consumer goods and services escalated by
12.51 percent.
During the initial semester of 2025, the aggregate value of
commodities transacted and services rendered to the populace
experienced an uptick of 5.1 percent relative to the corresponding
timeframe of the previous year, culminating in a total of 37.7
billion manat ($22.2 billion).
The aggregate valuation of non-state assets experienced a
year-on-year escalation of 4.9 percent, culminating in a total of
36.2 billion manat ($21.3 billion).
