Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Azerbaijan
Azerbaijan: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 2.42 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Azerbaijan, 1993–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Azerbaijan recorded 2.42 Percent per annum for africa's development dynamics (afdd) table 02 - annual real gdp in 2029.
That represents a change of up 3.0% on the previous year and down 2.2% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Azerbaijan peaked at 34.47 Percent per annum in 2006 and was at its lowest, -23.1 Percent per annum, in 1993.
That places Azerbaijan 107th out of 166 countries with data for 2029, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Azerbaijan, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1993 | -23.1 Percent per annum | — |
| 1994 | -19.67 Percent per annum | -14.8% |
| 1995 | -13.03 Percent per annum | -33.8% |
| 1996 | 2.53 Percent per annum | -119.4% |
| 1997 | 8.88 Percent per annum | +251.0% |
| 1998 | 6.01 Percent per annum | -32.4% |
| 1999 | 11.4 Percent per annum | +89.7% |
| 2000 | 6.23 Percent per annum | -45.4% |
| 2001 | 6.49 Percent per annum | +4.2% |
| 2002 | 9.44 Percent per annum | +45.5% |
| 2003 | 10.21 Percent per annum | +8.2% |
| 2004 | 9.25 Percent per annum | -9.4% |
| 2005 | 26.4 Percent per annum | +185.3% |
| 2006 | 34.47 Percent per annum | +30.6% |
| 2007 | 25 Percent per annum | -27.5% |
| 2008 | 10.77 Percent per annum | -56.9% |
| 2009 | 9.26 Percent per annum | -14.0% |
| 2010 | 5 Percent per annum | -46.0% |
| 2011 | 0.1 Percent per annum | -98.0% |
| 2012 | 2.2 Percent per annum | +2102.9% |
| 2013 | 5.84 Percent per annum | +165.3% |
| 2014 | 2.77 Percent per annum | -52.6% |
| 2015 | 1.08 Percent per annum | -61.0% |
| 2016 | -3.06 Percent per annum | -383.8% |
| 2017 | 0.1536 Percent per annum | -105.0% |
| 2018 | 1.47 Percent per annum | +857.2% |
| 2019 | 2.48 Percent per annum | +68.6% |
| 2020 | -4.2 Percent per annum | -269.3% |
| 2021 | 5.62 Percent per annum | -233.8% |
| 2022 | 4.58 Percent per annum | -18.5% |
| 2023 | 1.1 Percent per annum | -76.0% |
| 2024 | 2.76 Percent per annum | +151.2% |
| 2025 | 2.32 Percent per annum | -16.2% |
| 2026 | 2.33 Percent per annum | +0.5% |
| 2027 | 2.35 Percent per annum | +0.9% |
| 2028 | 2.35 Percent per annum | +0.2% |
| 2029 | 2.42 Percent per annum | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.85 Percent per annum | -23.1 Percent per annum | 11.4 Percent per annum | 7 |
| 2000s | 14.75 Percent per annum | 6.23 Percent per annum | 34.47 Percent per annum | 10 |
| 2010s | 1.8 Percent per annum | -3.06 Percent per annum | 5.84 Percent per annum | 10 |
| 2020s | 2.16 Percent per annum | -4.2 Percent per annum | 5.62 Percent per annum | 10 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Imports of goods and services (current US$), annual growth rate 2.24 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3681 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,728 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 2.24 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.6257 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 4,637 current LCU per person (2025)
- External balance on goods and services (current US$), annual growth -30.33 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -30.33 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 8.29 % change on previous year (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Azerbaijan?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Azerbaijan was 2.42 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Azerbaijan?
- The highest recorded value was 34.47 Percent per annum in 2006.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Azerbaijan?
- The lowest recorded value was -23.1 Percent per annum in 1993.
- How does Azerbaijan rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Azerbaijan ranks 107th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Azerbaijan?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.