GDP in Azerbaijan
Azerbaijan: GDP was 33.94 billion constant LCU in 2025. ◆ Volatile
GDP in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Azerbaijan recorded 33.94 billion constant LCU for gdp in 2025. That is the highest value across all 36 years on record.
The figure is up 1.4% on the previous year and up 14.6% over ten years.
Over the whole period, gdp in Azerbaijan peaked at 33.94 billion constant LCU in 2025 and was at its lowest, 4.80 billion constant LCU, in 1995.
That places Azerbaijan 155th out of 215 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Azerbaijan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1990 | 11.48 billion constant LCU | — |
| 1991 | 11.40 billion constant LCU | -0.7% |
| 1992 | 8.82 billion constant LCU | -22.6% |
| 1993 | 6.78 billion constant LCU | -23.1% |
| 1994 | 5.45 billion constant LCU | -19.7% |
| 1995 | 4.80 billion constant LCU | -11.8% |
| 1996 | 4.87 billion constant LCU | +1.3% |
| 1997 | 5.15 billion constant LCU | +5.8% |
| 1998 | 5.66 billion constant LCU | +10.0% |
| 1999 | 6.08 billion constant LCU | +7.4% |
| 2000 | 6.76 billion constant LCU | +11.1% |
| 2001 | 7.43 billion constant LCU | +9.9% |
| 2002 | 8.13 billion constant LCU | +9.4% |
| 2003 | 8.96 billion constant LCU | +10.2% |
| 2004 | 9.79 billion constant LCU | +9.3% |
| 2005 | 12.52 billion constant LCU | +28.0% |
| 2006 | 16.84 billion constant LCU | +34.5% |
| 2007 | 21.13 billion constant LCU | +25.5% |
| 2008 | 23.36 billion constant LCU | +10.6% |
| 2009 | 25.55 billion constant LCU | +9.4% |
| 2010 | 26.78 billion constant LCU | +4.8% |
| 2011 | 26.36 billion constant LCU | -1.6% |
| 2012 | 26.94 billion constant LCU | +2.2% |
| 2013 | 28.51 billion constant LCU | +5.8% |
| 2014 | 29.31 billion constant LCU | +2.8% |
| 2015 | 29.61 billion constant LCU | +1.0% |
| 2016 | 28.71 billion constant LCU | -3.1% |
| 2017 | 28.75 billion constant LCU | +0.2% |
| 2018 | 29.18 billion constant LCU | +1.5% |
| 2019 | 29.91 billion constant LCU | +2.5% |
| 2020 | 28.65 billion constant LCU | -4.2% |
| 2021 | 30.26 billion constant LCU | +5.6% |
| 2022 | 31.69 billion constant LCU | +4.7% |
| 2023 | 32.12 billion constant LCU | +1.4% |
| 2024 | 33.45 billion constant LCU | +4.2% |
| 2025 | 33.94 billion constant LCU | +1.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 33.94 billion constant LCU is below the median for upper middle income countries, which is 568.48 billion constant LCU, 6% of the median. (59 countries reporting)
- Azerbaijan's 33.94 billion constant LCU is below the median for Europe & Central Asia, which is 330.26 billion constant LCU, 10% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.05 billion constant LCU | 4.80 billion constant LCU | 11.48 billion constant LCU | 10 |
| 2000s | 14.05 billion constant LCU | 6.76 billion constant LCU | 25.55 billion constant LCU | 10 |
| 2010s | 28.40 billion constant LCU | 26.36 billion constant LCU | 29.91 billion constant LCU | 10 |
| 2020s | 31.68 billion constant LCU | 28.65 billion constant LCU | 33.94 billion constant LCU | 6 |
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)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gdp in Azerbaijan?
- Gdp in Azerbaijan was 33.94 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Azerbaijan?
- The highest recorded value was 33.94 billion constant LCU in 2025.
- What is the lowest gdp recorded in Azerbaijan?
- The lowest recorded value was 4.80 billion constant LCU in 1995.
- How does Azerbaijan rank for gdp?
- Azerbaijan ranks 155th out of 215 countries with data for 2025.
- Is gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.