Azerbaijan GDP

GDP nominal (2023)
$72,356,176,471
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

1.12%

  • Nominal (current) Gross Domestic Product (GDP) of Azerbaijan is $72,356,176,471 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of Azerbaijan reached $57,383,526,259 in 2023.
  • GDP Growth Rate in 2023 was 1.12%, representing a change of 637,807,313 US$ over 2022, when Real GDP was $56,745,718,946.
  • GDP per Capita in Azerbaijan (with a population of 10,318,207 people) was $5,561 in 2023, an increase of $50 from $5,512 in 2021; this represents a change of 0.9% in GDP per capita.
Azerbaijan GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of Azerbaijan

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $72,356,176,471 $57,383,526,259 1.12% $5,561 0.22 % 10,318,207
2022 $78,807,470,588 $56,745,718,946 4.71% $5,512 0.60 % 10,295,304
2021 $54,825,411,765 $54,190,732,986 5.62% $5,295 0.52 % 10,234,371
2020 $42,693,000,000 $51,308,988,759 -4.30% $5,039 0.70 % 10,181,730
2019 $48,174,235,294 $53,614,408,374 2.50% $5,303 0.70 % 10,110,475
2018 $47,112,470,052 $52,306,739,843 1.50% $5,210 0.71 % 10,039,784
2017 $40,866,627,352 $51,533,733,835 0.20% $5,170 1.01 % 9,968,510
2016 $37,866,996,883 $51,430,872,122 -3.10% $5,212 1.19 % 9,868,428
2015 $53,076,235,355 $53,076,235,355 1.09% $5,442 1.26 % 9,752,850
2014 $75,239,785,452 $52,501,877,460 2.75% $5,451 1.33 % 9,631,138
2013 $74,160,560,124 $51,096,465,689 5.81% $5,376 1.37 % 9,504,409
2012 $69,679,944,504 $48,290,862,738 2.17% $5,150 1.30 % 9,376,181
2011 $65,952,796,428 $47,267,410,116 0.10% $5,107 1.19 % 9,256,150
2010 $52,909,294,792 $47,220,189,861 5.05% $5,162 1.11 % 9,146,851
2009 $44,292,427,185 $44,950,656,172 9.30% $4,969 1.16 % 9,046,336
2008 $48,851,293,785 $41,127,311,680 10.76% $4,599 1.30 % 8,942,638
2007 $33,049,419,431 $37,132,259,976 25.00% $4,206 1.34 % 8,828,311
2006 $20,981,929,498 $29,705,808,016 34.50% $3,410 1.33 % 8,711,380
2005 $13,245,421,881 $22,086,102,614 27.96% $2,569 1.26 % 8,597,248
2004 $8,680,405,741 $17,259,953,999 9.25% $2,033 1.06 % 8,489,874
2003 $7,276,413,079 $15,798,035,140 10.21% $1,881 0.89 % 8,400,530
2002 $6,236,087,738 $14,334,705,485 9.44% $1,722 0.90 % 8,326,133
2001 $5,707,616,204 $13,098,362,058 9.90% $1,587 0.94 % 8,251,771
2000 $5,272,615,723 $11,918,436,828 11.10% $1,458 0.92 % 8,174,785
1999 $4,581,248,567 $10,727,665,995 7.40% $1,324 0.93 % 8,100,471
1998 $4,446,368,571 $9,988,515,703 10.00% $1,245 1.13 % 8,025,804
1997 $3,962,362,387 $9,080,468,853 5.80% $1,144 1.34 % 7,936,221
1996 $3,176,507,376 $8,582,673,762 1.30% $1,096 1.45 % 7,830,982
1995 $2,417,331,193 $8,472,530,911 -11.80% $1,098 1.45 % 7,719,282
1994 $1,193,141,110 $9,606,044,019 -19.70% $1,262 1.40 % 7,608,893
1993 $1,570,392,598 $11,962,695,103 -23.10% $1,594 1.33 % 7,504,115
Sources:

See also