GDP at market prices in Azerbaijan

Azerbaijan: GDP at market prices was 59.90 billion constant 2010 US$ in 2024. β—† Volatile

Latest (2024)
59.90 billion constant 2010 US$
Change on year
up 4.1%
World rank
83rd
of 205 countries
All-time high
59.90 billion constant 2010 US$
in 2024
All-time low
8.61 billion constant 2010 US$
in 1995
Years of data
35
1990–2024

GDP at market prices in Azerbaijan, 1990–2024

020.0B40.0B60.0B1990200720241990: 20.6B constant 2010 US$1991: 20.4B constant 2010 US$1992: 15.8B constant 2010 US$1993: 12.2B constant 2010 US$1994: 9.8B constant 2010 US$1995: 8.6B constant 2010 US$1996: 8.7B constant 2010 US$1997: 9.2B constant 2010 US$1998: 10.1B constant 2010 US$1999: 10.9B constant 2010 US$2000: 12.1B constant 2010 US$2001: 13.3B constant 2010 US$2002: 14.6B constant 2010 US$2003: 16.1B constant 2010 US$2004: 17.5B constant 2010 US$2005: 22.4B constant 2010 US$2006: 30.2B constant 2010 US$2007: 37.9B constant 2010 US$2008: 41.9B constant 2010 US$2009: 45.8B constant 2010 US$2010: 48.0B constant 2010 US$2011: 47.2B constant 2010 US$2012: 48.3B constant 2010 US$2013: 51.1B constant 2010 US$2014: 52.5B constant 2010 US$2015: 53.1B constant 2010 US$2016: 51.5B constant 2010 US$2017: 51.5B constant 2010 US$2018: 52.3B constant 2010 US$2019: 53.6B constant 2010 US$2020: 51.3B constant 2010 US$2021: 54.2B constant 2010 US$2022: 56.8B constant 2010 US$2023: 57.6B constant 2010 US$2024: 59.9B constant 2010 US$

Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.

Analysis

The most recent figure for gdp at market prices in Azerbaijan is 59.90 billion constant 2010 US$, measured in 2024. That is the highest value across all 35 years on record.

That represents a change of up 4.1% on the previous year and up 14.0% over ten years.

Over the whole period, gdp at market prices in Azerbaijan peaked at 59.90 billion constant 2010 US$ in 2024 and was at its lowest, 8.61 billion constant 2010 US$, in 1995.

Azerbaijan ranks 83rd of 205 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.63 billion constant 2010 US$ 8.61 billion constant 2010 US$ 20.57 billion constant 2010 US$ 10
2000s 25.17 billion constant 2010 US$ 12.11 billion constant 2010 US$ 45.80 billion constant 2010 US$ 10
2010s 50.91 billion constant 2010 US$ 47.23 billion constant 2010 US$ 53.60 billion constant 2010 US$ 10
2020s 55.97 billion constant 2010 US$ 51.35 billion constant 2010 US$ 59.90 billion constant 2010 US$ 5

Countries ranked near Azerbaijan

  1. 80 Myanmar 63.14 billion constant 2010 US$ compare
  2. 81 Belarus 62.03 billion constant 2010 US$ compare
  3. 82 Democratic Republic of Congo 60.66 billion constant 2010 US$ compare
  4. 84 Turkmenistan 59.35 billion constant 2010 US$ compare
  5. 85 Serbia 56.49 billion constant 2010 US$ compare
  6. 86 Libya 55.43 billion constant 2010 US$ compare

See the full ranking of 208 places β†’

More population data for Azerbaijan

All data for Azerbaijan β†’

Frequently asked questions

What is gdp at market prices in Azerbaijan?
Gdp at market prices in Azerbaijan was 59.90 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp at market prices recorded in Azerbaijan?
The highest recorded value was 59.90 billion constant 2010 US$ in 2024.
What is the lowest gdp at market prices recorded in Azerbaijan?
The lowest recorded value was 8.61 billion constant 2010 US$ in 1995.
How does Azerbaijan rank for gdp at market prices?
Azerbaijan ranks 83rd out of 205 countries with data for 2024.
Is gdp at market prices rising or falling in Azerbaijan?
Over the last ten years it is up 14.0%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.

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GDP at market prices in Azerbaijan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us/azerbaijan/

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About this data

Indicator
GDP at market prices (constant 2010 US$)
Unit
constant 2010 US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
208 places, 10,104 data points, 1970–2024
Last refreshed

February 2026 Data Release