GDP in the Construction Sector: In the second quarter of 2024, Azerbaijan’s GDP in the construction sector reached 596.10 million AZN, an increase from 381.90 million AZN in the first quarter of 2024.The average GDP in the construction sector from 2001 to 2024 was approximately 556.88 million AZN, with a peak of 1,345.30 million AZN recorded in the fourth quarter of 2014.

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Gross Domestic Product (GDP): In June 2024, the GDP in the construction sector was recorded at 1,725.40 million AZN, slightly lower than in March, when it stood at 1,730.60 million AZN.
Older In 2023, the construction sector contributed approximately 7% to Azerbaijan’s GDP, representing a 0.5% increase from 2022. This once again highlights the importance of construction in the country’s economic development.