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Azerbaijan GDPAzerbaijan GDPAzerbaijan GDP

Azerbaijan GDP

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AZGDP chart



Key data points


Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
‪78.81 B‬ USD on Dec 31, 2022
Lowest
‪440.00 M‬ USD on Dec 31, 1992

About Azerbaijan GDP


Category
GDP
Source
World Bank
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Azerbaijan in figures — see more economic indicators tied to AZGDP.
Full Year GDP Growth
AZFYGDPG
GDP
AZGDP
GDP From Agriculture
AZGDPA
GDP From Construction
AZGDPC
Real GDP
AZGDPCP
GDP From Manufacturing
AZGDPMAN
GDP From Mining
AZGDPMIN
GDP From Public Administration
AZGDPPA
GDP Per Capita
AZGDPPC
GDP Per Capita PPP
AZGDPPCP
GDP From Services
AZGDPS
GDP From Transport
AZGDPT
GDP From Utilities
AZGDPU
GDP Growth
AZGDPYY
Gross Fixed Capital Formation
AZGFCF
Gross National Product
AZGNP
Monthly GDP YoY
AZMGDPYY

Frequently Asked Questions


One of the ways to count Azerbaijan GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2024 Azerbaijan GDP was 74.32 B USD, and the year before it reached 72.43 B USD.
Azerbaijan GDP accounts for 0.07% of the world GDP.
In 2024 Azerbaijan GDP Per Capita was ‪5.87 K‬ USD, and in 2023 it reached ‪5.67 K‬ USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Azerbaijan Real GDP was ‪6.24 B‬ AZN, the quarter before it reached ‪10.07 B‬ AZN.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Azerbaijan GDP has ever reached is 78.81 B USD.
The lowest ever value Azerbaijan GDP has reached is 440 M USD.