Republic of Azerbaijan: Technical Assistance Report-Report on National Accounts Mission; February 17 – 28, 2025

Technical Assistance Reports, August 1, 2025

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Republic of Azerbaijan: Technical Assistance Report-Report on National Accounts Mission; February 17 – 28, 2025

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Bibliographic details

• Published: August 1, 2025
• Series: Technical Assistance Reports
• DOI: https://doi.org/10.5089/9798229022507.019

Mission overview

• A technical assistance mission assisted the State Statistical Committee of Azerbaijan (SSC) in developing the system of quarterly national accounts.
• The mission reviewed the compilation of quarterly GDP by production and provided recommendations for further improvement.
• The mission reviewed the compilation of quarterly GDP by expenditure and made recommendations to develop the chain-linked time series of gross fixed capital formation.
• These improvements to data and methods will improve the understanding of the Azerbaijan economy, both for domestic policymaking and international surveillance.

Key findings and methodological focus

• Reviewed compilation of quarterly GDP by production with recommendations to improve current methods and data sources.
• Reviewed compilation of quarterly GDP by expenditure with particular emphasis on developing the chain-linked time series of gross fixed capital formation.
• Methodological and data topics reflected in the mission’s scope (as indicated by subject and keywords) include:
  • Economic and financial statistics
  • Expenditure
  • Gross fixed investment / Gross fixed capital formation
  • National accounts
  • Special Data Dissemination Standard (SDDS)
  • Taxes and Value-added tax
  • Commodity flow method
  • Denton extrapolation method

Policy relevance and expected impact

• Implementation of the recommended improvements is expected to:
  • Strengthen the SSC’s quarterly national accounts compilation practices.
  • Improve the quality and consistency of GDP by production and GDP by expenditure estimates.
  • Provide better-quality chain-linked time series for gross fixed capital formation.
  • Enhance the usefulness of Azerbaijan’s national accounts for domestic policymaking and for international surveillance.

Content in this bundle

• REPUBLIC OF AZERBAIJAN — Report on National Accounts Mission, February 17
  • REPUBLIC OF AZERBAIJAN — Report on National Accounts Mission, February 17 (Markdown version)
  • REPUBLIC OF AZERBAIJAN — Report on National Accounts Mission, February 17 (PDF)