Azerbaijan GDP Annual Growth Rate: 2.5% (2023)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Azerbaijan is estimated to be $57 Billion US dollars at the end of 2023.

The economy of Azerbaijan has grown at an average annual growth rate of 1.9% in the last four years and is ranked the 29th largest economy in Asia-Pacific, ahead of Nepal.

World Economics Rates Azerbaijan's Offical GDP Data as Grade D

GDP Annual Growth Rate: Azerbaijan


Source: World Bank, World Economics
0 0 0 Azerbaijan|#FE1800|-0.700000175699572, -22.6000003264444, -23.0999987188387, -19.7000012399238, -11.7999991076818, 1.29999940463827, 5.80000014795783, 9.99999961153691, 7.40000129958564, 11.0999991434346, 9.89999986533643, 9.43891626906562, 10.2082994004776, 9.25380179728907, 27.9615381082131, 34.5, 24.9999998515683, 10.7589780604684, 9.29636374447091, 5.04894451349574, 0.10000013782458, 2.1652394748416, 5.80980084268208, 2.75050681535518, 1.09397591627469, -3.09999988037266, 0.199999938958655, 1.49999999999999, 2.50000006743734, -4.30000010230736, 5.60003727280338, 3.68, 2.547 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023,








 





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Economic Indicators: Azerbaijan 2020 2021 2022 2023
GDP Annual Growth Rate (%) -4.3 5.6 3.7 2.5
GDP per Capita Annual Growth Rate (%) -5.0 5.1 3.7 2.5
Real GDP (US$ Billions, 2010) 51 54 56 57
Real GDP per Capita (US$, 2010) 5,083 5,344 5,481 5,618
Current GDP (Billions, US$) 43 55 56 57
Current GDP per Capita (US$) 4,230 5,388 5,525 5,664
Real GDP PPP (Billions, 2017) 139 146 152 156
Real GDP per Capita PPP (int$ 2017) 13,664 14,311 14,727 14,999
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AZERBAIJAN'S ECONOMICS
AZERBAIJAN'S DEMOGRAPHY
AZERBAIJAN'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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