GDP growth (annual %) (UNESCO Institute) in Azerbaijan
Azerbaijan: GDP growth (annual %) (UNESCO Institute) was 4.1% in 2024. ◆ Volatile
GDP growth in Azerbaijan, 1991–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Azerbaijan is 4.1%, measured in 2024.
Compared with earlier readings it is up 200.6% on the previous year and up 45.5% over ten years.
Over the whole period, gdp growth in Azerbaijan peaked at 34.5% in 2006 and was at its lowest, -23.1%, in 1993.
Azerbaijan ranks 68th of 212 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.
GDP growth (annual %) (UNESCO Institute) in Azerbaijan, year by year
| Year | annual % | Change |
|---|---|---|
| 1991 | -0.7% | — |
| 1992 | -22.6% | +3128.6% |
| 1993 | -23.1% | +2.2% |
| 1994 | -19.7% | -14.7% |
| 1995 | -11.8% | -40.1% |
| 1996 | 1.3% | -111.0% |
| 1997 | 5.8% | +346.2% |
| 1998 | 10.0% | +72.4% |
| 1999 | 7.4% | -26.0% |
| 2000 | 11.1% | +50.0% |
| 2001 | 9.9% | -10.8% |
| 2002 | 9.4% | -4.7% |
| 2003 | 10.2% | +8.2% |
| 2004 | 9.3% | -9.4% |
| 2005 | 28.0% | +202.2% |
| 2006 | 34.5% | +23.3% |
| 2007 | 25.5% | -26.1% |
| 2008 | 10.6% | -58.4% |
| 2009 | 9.4% | -11.5% |
| 2010 | 4.8% | -48.9% |
| 2011 | -1.6% | -132.8% |
| 2012 | 2.2% | -240.0% |
| 2013 | 5.8% | +165.3% |
| 2014 | 2.8% | -52.1% |
| 2015 | 1.0% | -62.5% |
| 2016 | -3.1% | -391.9% |
| 2017 | 0.2% | -105.0% |
| 2018 | 1.5% | +876.8% |
| 2019 | 2.5% | +65.3% |
| 2020 | -4.2% | -269.3% |
| 2021 | 5.6% | -233.8% |
| 2022 | 4.7% | -16.1% |
| 2023 | 1.4% | -71.3% |
| 2024 | 4.1% | +200.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 4.1% is above the median for upper middle income countries, which is 3.3%, 1.2× the median. (58 countries reporting)
- Azerbaijan's 4.1% is above the median for Europe & Central Asia, which is 2.3%, 1.8× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (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 |
|---|---|---|---|
| 1992 | -3128.6% | -0.7% | -22.6% |
| 2018 | +876.8% | 0.2% | 1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -5.9% | -23.1% | 10.0% | 9 |
| 2000s | 15.8% | 9.3% | 34.5% | 10 |
| 2010s | 1.6% | -3.1% | 5.8% | 10 |
| 2020s | 2.3% | -4.2% | 5.6% | 5 |
Countries ranked near Azerbaijan
- 65 Brunei 4.2% compare
- 66 Madagascar 4.2% compare
- 67 Papua New Guinea 4.1% compare
- 69 Saint Vincent and the Grenadines 4.1% compare
- 70 Zambia 4.0% compare
- 71 Belarus 4.0% compare
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 growth in Azerbaijan?
- Gdp growth in Azerbaijan was 4.1% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Azerbaijan?
- The highest recorded value was 34.5% in 2006.
- What is the lowest gdp growth recorded in Azerbaijan?
- The lowest recorded value was -23.1% in 1993.
- How does Azerbaijan rank for gdp growth?
- Azerbaijan ranks 68th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Azerbaijan?
- Over the last ten years it is up 45.5%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release