GDP (current US$) (UNESCO Institute) in Azerbaijan
Azerbaijan: GDP (current US$) (UNESCO Institute) was 74.32 billion current US$ in 2024. ◆ Volatile
GDP in Azerbaijan, 1990–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
Azerbaijan recorded 74.32 billion current US$ for gdp in 2024.
The figure is up 2.6% on the previous year and down 1.2% over ten years.
Over the whole period, gdp in Azerbaijan peaked at 78.81 billion current US$ in 2022 and was at its lowest, 444.66 million current US$, in 1992.
That places Azerbaijan 85th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Azerbaijan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 8.88 billion current US$ | — |
| 1991 | 5.34 billion current US$ | -39.9% |
| 1992 | 444.66 million current US$ | -91.7% |
| 1993 | 1.57 billion current US$ | +253.2% |
| 1994 | 1.19 billion current US$ | -24.0% |
| 1995 | 2.42 billion current US$ | +102.6% |
| 1996 | 3.18 billion current US$ | +31.4% |
| 1997 | 3.96 billion current US$ | +24.7% |
| 1998 | 4.45 billion current US$ | +12.2% |
| 1999 | 4.58 billion current US$ | +3.0% |
| 2000 | 5.27 billion current US$ | +15.1% |
| 2001 | 5.71 billion current US$ | +8.3% |
| 2002 | 6.24 billion current US$ | +9.3% |
| 2003 | 7.28 billion current US$ | +16.7% |
| 2004 | 8.68 billion current US$ | +19.3% |
| 2005 | 13.25 billion current US$ | +52.6% |
| 2006 | 20.98 billion current US$ | +58.4% |
| 2007 | 33.05 billion current US$ | +57.5% |
| 2008 | 48.85 billion current US$ | +47.8% |
| 2009 | 44.29 billion current US$ | -9.3% |
| 2010 | 52.91 billion current US$ | +19.5% |
| 2011 | 65.95 billion current US$ | +24.7% |
| 2012 | 69.68 billion current US$ | +5.7% |
| 2013 | 74.16 billion current US$ | +6.4% |
| 2014 | 75.24 billion current US$ | +1.5% |
| 2015 | 53.08 billion current US$ | -29.5% |
| 2016 | 37.87 billion current US$ | -28.7% |
| 2017 | 40.87 billion current US$ | +7.9% |
| 2018 | 47.11 billion current US$ | +15.3% |
| 2019 | 48.17 billion current US$ | +2.3% |
| 2020 | 42.69 billion current US$ | -11.4% |
| 2021 | 54.83 billion current US$ | +28.4% |
| 2022 | 78.81 billion current US$ | +43.7% |
| 2023 | 72.43 billion current US$ | -8.1% |
| 2024 | 74.32 billion current US$ | +2.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 74.32 billion current US$ is above the median for upper middle income countries, which is 45.55 billion current US$, 1.6× the median. (58 countries reporting)
- Azerbaijan's 74.32 billion current US$ is below the median for Europe & Central Asia, which is 93.20 billion current US$, 80% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$) (UNESCO Institute) in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +253.2% | 444.66 million current US$ | 1.57 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.60 billion current US$ | 444.66 million current US$ | 8.88 billion current US$ | 10 |
| 2000s | 19.36 billion current US$ | 5.27 billion current US$ | 48.85 billion current US$ | 10 |
| 2010s | 56.50 billion current US$ | 37.87 billion current US$ | 75.24 billion current US$ | 10 |
| 2020s | 64.61 billion current US$ | 42.69 billion current US$ | 78.81 billion current US$ | 5 |
Countries ranked near Azerbaijan
More population data for Azerbaijan
- Population regions with projections, annual growth rate -0.3371 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.0077 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.3371 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.7053 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 10,867 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.3522 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.1954 % change on previous year (2100)
- Population growth rate -0.342 (2100)
- Population density 121.25 (2100)
- Projected population under age 5 458,644 (2100)
Frequently asked questions
- What is gdp in Azerbaijan?
- Gdp in Azerbaijan was 74.32 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Azerbaijan?
- The highest recorded value was 78.81 billion current US$ in 2022.
- What is the lowest gdp recorded in Azerbaijan?
- The lowest recorded value was 444.66 million current US$ in 1992.
- How does Azerbaijan rank for gdp?
- Azerbaijan ranks 85th out of 211 countries with data for 2024.
- Is gdp rising or falling in Azerbaijan?
- Over the last ten years it is down 1.2%. 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 (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release