GNI (current LCU), annual growth rate in Azerbaijan

Azerbaijan: GNI (current LCU), annual growth rate was 3.22 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.22 % change on previous year
Change on year
up 156.7%
World rank
174th
of 206 countries
All-time high
802 % change on previous year
in 1992
All-time low
-8.44 % change on previous year
in 2009
Years of data
33
1991–2024

GNI (current LCU), annual growth rate in Azerbaijan, 1991–2024

02004006008001991200720241991: 82.3 % change on previous year1992: 802 % change on previous year1993: 553 % change on previous year1995: 468.1 % change on previous year1996: 27.9 % change on previous year1997: 15.6 % change on previous year1998: 9.6 % change on previous year1999: 13.8 % change on previous year2000: 17.9 % change on previous year2001: 11.8 % change on previous year2002: 13.4 % change on previous year2003: 17.5 % change on previous year2004: 16.3 % change on previous year2005: 38.2 % change on previous year2006: 48.7 % change on previous year2007: 46.7 % change on previous year2008: 48.7 % change on previous year2009: -8.4 % change on previous year2010: 21.1 % change on previous year2011: 21.5 % change on previous year2012: 6.4 % change on previous year2013: 7.1 % change on previous year2014: 3.7 % change on previous year2015: -8.2 % change on previous year2016: 7.9 % change on previous year2017: 19.2 % change on previous year2018: 12.7 % change on previous year2019: 3.3 % change on previous year2020: -8.4 % change on previous year2021: 26.6 % change on previous year2022: 36.9 % change on previous year2023: -5.7 % change on previous year2024: 3.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Azerbaijan recorded 3.22 % change on previous year for gni (current lcu), annual growth rate in 2024.

The figure is up 156.7% on the previous year and down 12.5% over ten years.

Over the whole period, gni (current lcu), annual growth rate in Azerbaijan peaked at 802 % change on previous year in 1992 and was at its lowest, -8.44 % change on previous year, in 2009.

Azerbaijan ranks 174th of 206 countries on this measure, in the bottom quarter.

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

GNI (current LCU), annual growth rate in Azerbaijan, year by year

Annual values for GNI (current LCU), annual growth rate in Azerbaijan, 1991 to 2024.
Year % change on previous year Change
1991 82.28 % change on previous year
1992 802 % change on previous year +874.8%
1993 553 % change on previous year -31.0%
1995 468.11 % change on previous year -15.4%
1996 27.9 % change on previous year -94.0%
1997 15.65 % change on previous year -43.9%
1998 9.56 % change on previous year -38.9%
1999 13.81 % change on previous year +44.4%
2000 17.93 % change on previous year +29.9%
2001 11.81 % change on previous year -34.1%
2002 13.38 % change on previous year +13.3%
2003 17.46 % change on previous year +30.5%
2004 16.33 % change on previous year -6.5%
2005 38.24 % change on previous year +134.2%
2006 48.74 % change on previous year +27.5%
2007 46.74 % change on previous year -4.1%
2008 48.72 % change on previous year +4.2%
2009 -8.44 % change on previous year -117.3%
2010 21.07 % change on previous year -349.7%
2011 21.53 % change on previous year +2.2%
2012 6.44 % change on previous year -70.1%
2013 7.06 % change on previous year +9.5%
2014 3.68 % change on previous year -47.9%
2015 -8.17 % change on previous year -322.0%
2016 7.89 % change on previous year -196.6%
2017 19.17 % change on previous year +142.9%
2018 12.67 % change on previous year -33.9%
2019 3.27 % change on previous year -74.2%
2020 -8.41 % change on previous year -357.5%
2021 26.55 % change on previous year -415.7%
2022 36.95 % change on previous year +39.1%
2023 -5.68 % change on previous year -115.4%
2024 3.22 % change on previous year -156.7%

Azerbaijan compared with similar countries

  • Azerbaijan's 3.22 % change on previous year is below the median for upper middle income countries, which is 6.33 % change on previous year, 51% of the median. (58 countries reporting)
  • Azerbaijan's 3.22 % change on previous year is below the median for Europe & Central Asia, which is 6 % change on previous year, 54% of the median. (54 countries reporting)

Biggest year-on-year movements

Years where GNI (current LCU), annual growth rate 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
1992 +874.8% 82.28 % change on previous year 802 % change on previous year
2021 +415.7% -8.41 % change on previous year 26.55 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 246.54 % change on previous year 9.56 % change on previous year 802 % change on previous year 8
2000s 25.09 % change on previous year -8.44 % change on previous year 48.74 % change on previous year 10
2010s 9.46 % change on previous year -8.17 % change on previous year 21.53 % change on previous year 10
2020s 10.53 % change on previous year -8.41 % change on previous year 36.95 % change on previous year 5

Countries ranked near Azerbaijan

  1. 171 Cuba 3.35 % change on previous year compare
  2. 172 Belgium 3.32 % change on previous year compare
  3. 173 Panama 3.24 % change on previous year compare
  4. 175 Thailand 3.17 % change on previous year compare
  5. 176 Equatorial Guinea 3.13 % change on previous year compare
  6. 177 Eswatini 3.12 % change on previous year compare

See the full ranking of 206 places →

More population data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is gni (current lcu), annual growth rate in Azerbaijan?
Gni (current lcu), annual growth rate in Azerbaijan was 3.22 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gni (current lcu), annual growth rate recorded in Azerbaijan?
The highest recorded value was 802 % change on previous year in 1992.
What is the lowest gni (current lcu), annual growth rate recorded in Azerbaijan?
The lowest recorded value was -8.44 % change on previous year in 2009.
How does Azerbaijan rank for gni (current lcu), annual growth rate?
Azerbaijan ranks 174th out of 206 countries with data for 2024.
Is gni (current lcu), annual growth rate rising or falling in Azerbaijan?
Over the last ten years it is down 12.5%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from Statizoid (derived), published as part of GNI (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

GNI (current LCU), annual growth rate in Azerbaijan. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gni-current-lcu-annual-growth-rate-2/azerbaijan/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://population.statizoid.com/stat/gni-current-lcu-annual-growth-rate-2/azerbaijan/">GNI (current LCU), annual growth rate in Azerbaijan</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GNI (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 9,636 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.