GDP (current LCU) (Country official) in Azerbaijan
Azerbaijan: GDP (current LCU) (Country official) was 129.09 billion current LCU in 2025. ◆ Volatile
GDP in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gdp in Azerbaijan is 129.09 billion current LCU, measured in 2025.
The figure is up 2.0% on the previous year and up 137.4% over ten years.
Over the whole period, gdp in Azerbaijan peaked at 133.97 billion current LCU in 2022 and was at its lowest, 293,200 current LCU, in 1990.
Azerbaijan ranks 146th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (Country official) in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 293,200 current LCU | — |
| 1991 | 534,400 current LCU | +82.3% |
| 1992 | 4.82 million current LCU | +802.0% |
| 1993 | 31.40 million current LCU | +551.4% |
| 1994 | 374.70 million current LCU | +1093.3% |
| 1995 | 2.13 billion current LCU | +469.5% |
| 1996 | 2.73 billion current LCU | +28.1% |
| 1997 | 3.16 billion current LCU | +15.6% |
| 1998 | 3.44 billion current LCU | +8.9% |
| 1999 | 3.78 billion current LCU | +9.7% |
| 2000 | 4.72 billion current LCU | +25.0% |
| 2001 | 5.32 billion current LCU | +12.7% |
| 2002 | 6.06 billion current LCU | +14.1% |
| 2003 | 7.15 billion current LCU | +17.9% |
| 2004 | 8.53 billion current LCU | +19.4% |
| 2005 | 12.52 billion current LCU | +46.8% |
| 2006 | 18.75 billion current LCU | +49.7% |
| 2007 | 28.36 billion current LCU | +51.3% |
| 2008 | 40.14 billion current LCU | +41.5% |
| 2009 | 35.60 billion current LCU | -11.3% |
| 2010 | 42.47 billion current LCU | +19.3% |
| 2011 | 52.08 billion current LCU | +22.6% |
| 2012 | 54.74 billion current LCU | +5.1% |
| 2013 | 58.18 billion current LCU | +6.3% |
| 2014 | 59.01 billion current LCU | +1.4% |
| 2015 | 54.38 billion current LCU | -7.9% |
| 2016 | 60.43 billion current LCU | +11.1% |
| 2017 | 70.34 billion current LCU | +16.4% |
| 2018 | 80.09 billion current LCU | +13.9% |
| 2019 | 81.90 billion current LCU | +2.3% |
| 2020 | 72.58 billion current LCU | -11.4% |
| 2021 | 93.20 billion current LCU | +28.4% |
| 2022 | 133.97 billion current LCU | +43.7% |
| 2023 | 123.13 billion current LCU | -8.1% |
| 2024 | 126.52 billion current LCU | +2.8% |
| 2025 | 129.09 billion current LCU | +2.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 129.09 billion current LCU is below the median for upper middle income countries, which is 1.04 trillion current LCU, 12% of the median. (59 countries reporting)
- Azerbaijan's 129.09 billion current LCU is below the median for Europe & Central Asia, which is 433.17 billion current LCU, 30% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (Country official) in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +1093.3% | 31.40 million current LCU | 374.70 million current LCU |
| 1992 | +802.0% | 534,400 current LCU | 4.82 million current LCU |
| 1993 | +551.4% | 4.82 million current LCU | 31.40 million current LCU |
| 1995 | +469.5% | 374.70 million current LCU | 2.13 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.57 billion current LCU | 293,200 current LCU | 3.78 billion current LCU | 10 |
| 2000s | 16.71 billion current LCU | 4.72 billion current LCU | 40.14 billion current LCU | 10 |
| 2010s | 61.36 billion current LCU | 42.47 billion current LCU | 81.90 billion current LCU | 10 |
| 2020s | 113.08 billion current LCU | 72.58 billion current LCU | 133.97 billion current LCU | 6 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Real gdp growth, annual growth rate 206.94 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.58 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gdp in Azerbaijan?
- Gdp in Azerbaijan was 129.09 billion current 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 133.97 billion current LCU in 2022.
- What is the lowest gdp recorded in Azerbaijan?
- The lowest recorded value was 293,200 current LCU in 1990.
- How does Azerbaijan rank for gdp?
- Azerbaijan ranks 146th out of 214 countries with data for 2025.
- Is gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 137.4%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.