Azerbaijan GDP: $59 Billion

GROSS DOMESTIC PRODUCT (CONSTANT PRICES: 2015)

Azerbaijan GDP Forecast: $59 Billion in 2024, $60.7 Billion projected for 2025 (Constant 2015 Prices).

GDP in Azerbaijan is estimated to be $59 Billion US dollars at the end of 2024 in Real GDP terms.

Looking ahead to 2025, projections suggest Azerbaijan's 2025 GDP estimate could be $60.7 Billion. This Azerbaijan GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 2.5%.

The economy of Azerbaijan has grown at an average annual growth rate of 6.0% in the last four years and is ranked the 29th largest economy in Asia-Pacific, ahead of Nepal.

See the full Azerbaijan data sheet covering Economics, Demographics and ESG

Real GDP (US$): Azerbaijan


Source: World Bank, World Economics
Notes: 2015 Constant Prices
0 0 0 Azerbaijan|#FE1800|20240091907.5767, 20098411228.6619, 15556170225.3742, 11962695102.6124, 9606044019.06944, 8472530910.53572, 8582673761.93048, 9080468852.82118, 9988515702.82903, 10727665994.6477, 11918436828.1641, 13098362058.1026, 14334705485.3859, 15798035139.5108, 17259953999.1872, 22086102614.13, 29705808016.0049, 37132259975.9133, 41127311680.0778, 44950656172.1802, 47220189860.7658, 47267410115.7076, 48290862738.2682, 51096465688.5745, 52501877459.7444, 53076235354.746, 51430872122.2426, 51533733835.093, 52306739842.6194, 53614408373.9591, 51308988759.0274, 54190732985.9123, 56745718946.4579, 57383526259.1424, 59204305547.345 1990, 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, 2024,








 





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Economic Indicators: Azerbaijan 2021 2022 2023 2024
Real GDP (US$ Billions, 2010) 54 57 57 59
Real GDP per Capita (US$, 2010) 5,345 5,595 5,651 5,803
Current GDP (Billions, US$) 55 79 72 75
Current GDP per Capita (US$) 5,408 7,771 7,126 7,317
Real GDP PPP (Billions, 2017) 204 214 216 223
Real GDP per Capita PPP (int$ 2017) 14,311 14,727 14,999 15,241
GDP Annual Growth Rate (%) 5.6 4.7 1.1 3.2
GDP per Capita Annual Growth Rate (%) 5.2 4.7 1.0 2.7
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AZERBAIJAN'S ECONOMICS
AZERBAIJAN'S DEMOGRAPHY
AZERBAIJAN'S ENVIRONMENT, SOCIAL & GOVERNANCE
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