GDP per capita (current US$) (UNESCO Institute) in Azerbaijan

Azerbaijan: GDP per capita (current US$) (UNESCO Institute) was 7,284 current US$ in 2024. ◆ Volatile

Latest (2024)
7,284 current US$
Change on year
up 2.1%
World rank
117th
of 211 countries
All-time high
7,891 current US$
in 2014
All-time low
60.24 current US$
in 1992
Years of data
35
1990–2024

GDP per capita in Azerbaijan, 1990–2024

02.0k4.0k6.0k8.0k1990200720241990: 1.2k current US$1991: 734.9 current US$1992: 60.2 current US$1993: 209.5 current US$1994: 157.1 current US$1995: 314.6 current US$1996: 409.2 current US$1997: 505.5 current US$1998: 561.9 current US$1999: 573.9 current US$2000: 655.1 current US$2001: 703.7 current US$2002: 763.1 current US$2003: 883.7 current US$2004: 1.0k current US$2005: 1.6k current US$2006: 2.5k current US$2007: 3.9k current US$2008: 5.6k current US$2009: 5.0k current US$2010: 5.8k current US$2011: 7.2k current US$2012: 7.5k current US$2013: 7.9k current US$2014: 7.9k current US$2015: 5.5k current US$2016: 3.9k current US$2017: 4.1k current US$2018: 4.7k current US$2019: 4.8k current US$2020: 4.2k current US$2021: 5.4k current US$2022: 7.8k current US$2023: 7.1k current US$2024: 7.3k current US$

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

In 2024, gdp per capita in Azerbaijan stood at 7,284 current US$.

That represents a change of up 2.1% on the previous year and down 7.7% over ten years.

Over the whole period, gdp per capita in Azerbaijan peaked at 7,891 current US$ in 2014 and was at its lowest, 60.24 current US$, in 1992.

That places Azerbaijan 117th 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 per capita (current US$) (UNESCO Institute) in Azerbaijan, year by year

Annual values for GDP per capita (current US$) in Azerbaijan, 1990 to 2024.
Year current US$ Change
1990 1,238 current US$ —
1991 734.94 current US$ -40.6%
1992 60.24 current US$ -91.8%
1993 209.53 current US$ +247.9%
1994 157.06 current US$ -25.0%
1995 314.56 current US$ +100.3%
1996 409.19 current US$ +30.1%
1997 505.52 current US$ +23.5%
1998 561.91 current US$ +11.2%
1999 573.89 current US$ +2.1%
2000 655.1 current US$ +14.1%
2001 703.67 current US$ +7.4%
2002 763.11 current US$ +8.4%
2003 883.69 current US$ +15.8%
2004 1,045 current US$ +18.3%
2005 1,578 current US$ +51.0%
2006 2,473 current US$ +56.7%
2007 3,851 current US$ +55.7%
2008 5,574 current US$ +44.7%
2009 4,950 current US$ -11.2%
2010 5,844 current US$ +18.0%
2011 7,190 current US$ +23.0%
2012 7,496 current US$ +4.3%
2013 7,875 current US$ +5.1%
2014 7,891 current US$ +0.2%
2015 5,500 current US$ -30.3%
2016 3,881 current US$ -29.4%
2017 4,147 current US$ +6.9%
2018 4,740 current US$ +14.3%
2019 4,806 current US$ +1.4%
2020 4,230 current US$ -12.0%
2021 5,408 current US$ +27.9%
2022 7,771 current US$ +43.7%
2023 7,133 current US$ -8.2%
2024 7,284 current US$ +2.1%

Azerbaijan compared with similar countries

  • Azerbaijan's 7,284 current US$ is below the median for upper middle income countries, which is 7,656 current US$, 95% of the median. (58 countries reporting)
  • Azerbaijan's 7,284 current US$ is below the median for Europe & Central Asia, which is 29,386 current US$, 25% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP per capita (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.

YearChange FromTo
1993 +247.9% 60.24 current US$ 209.53 current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 476.51 current US$ 60.24 current US$ 1,238 current US$ 10
2000s 2,248 current US$ 655.1 current US$ 5,574 current US$ 10
2010s 5,937 current US$ 3,881 current US$ 7,891 current US$ 10
2020s 6,365 current US$ 4,230 current US$ 7,771 current US$ 5

Countries ranked near Azerbaijan

  1. 114 Marshall Islands 7,467 current US$ compare
  2. 115 Suriname 7,431 current US$ compare
  3. 116 Thailand 7,345 current US$ compare
  4. 118 Jamaica 7,020 current US$ compare
  5. 119 Ecuador 6,875 current US$ compare
  6. 120 Equatorial Guinea 6,745 current US$ compare

See the full ranking of 211 places →

More population data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is gdp per capita in Azerbaijan?
Gdp per capita in Azerbaijan was 7,284 current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp per capita recorded in Azerbaijan?
The highest recorded value was 7,891 current US$ in 2014.
What is the lowest gdp per capita recorded in Azerbaijan?
The lowest recorded value was 60.24 current US$ in 1992.
How does Azerbaijan rank for gdp per capita?
Azerbaijan ranks 117th out of 211 countries with data for 2024.
Is gdp per capita rising or falling in Azerbaijan?
Over the last ten years it is down 7.7%. 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 per capita (current US$). Statizoid updates them automatically from the source API.

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GDP per capita in Azerbaijan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-per-capita-current-us-2/azerbaijan/

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About this data

Indicator
GDP per capita (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release