Gdp maddison project database in Azerbaijan
Azerbaijan: Gdp maddison project database was 175.37 billion in 2022. ◆ Volatile
Latest (2022)
175.37 billion
Change on year
up 4.6%
World rank
71st
of 166 countries
All-time high
175.37 billion
in 2022
All-time low
23.19 billion
in 1995
Years of data
44
1973–2022
Gdp maddison project database in Azerbaijan, 1973–2022
Source: Our World in Data.
Analysis
In 2022, gdp maddison project database in Azerbaijan stood at 175.37 billion. That is the highest value across all 44 years on record.
That represents a change of up 4.6% on the previous year and up 17.5% over ten years.
Over the whole period, gdp maddison project database in Azerbaijan peaked at 175.37 billion in 2022 and was at its lowest, 23.19 billion, in 1995.
Azerbaijan ranks 71st of 166 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 maddison project database in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 38.86 billion | — |
| 1980 | 44.23 billion | +13.8% |
| 1981 | 46.97 billion | +6.2% |
| 1982 | 49.88 billion | +6.2% |
| 1983 | 51.83 billion | +3.9% |
| 1984 | 55.00 billion | +6.1% |
| 1985 | 57.18 billion | +4.0% |
| 1986 | 58.70 billion | +2.7% |
| 1987 | 61.83 billion | +5.3% |
| 1988 | 65.07 billion | +5.2% |
| 1989 | 59.80 billion | -8.1% |
| 1990 | 53.24 billion | -11.0% |
| 1991 | 53.43 billion | +0.4% |
| 1992 | 41.80 billion | -21.8% |
| 1993 | 32.49 billion | -22.3% |
| 1994 | 26.37 billion | -18.8% |
| 1995 | 23.19 billion | -12.1% |
| 1996 | 24.03 billion | +3.6% |
| 1997 | 26.44 billion | +10.0% |
| 1998 | 28.33 billion | +7.2% |
| 1999 | 31.90 billion | +12.6% |
| 2000 | 34.26 billion | +7.4% |
| 2001 | 36.86 billion | +7.6% |
| 2002 | 40.30 billion | +9.3% |
| 2003 | 44.99 billion | +11.7% |
| 2004 | 50.11 billion | +11.4% |
| 2005 | 64.02 billion | +27.8% |
| 2006 | 87.03 billion | +35.9% |
| 2007 | 109.94 billion | +26.3% |
| 2008 | 123.13 billion | +12.0% |
| 2009 | 136.02 billion | +10.5% |
| 2010 | 144.30 billion | +6.1% |
| 2011 | 145.98 billion | +1.2% |
| 2012 | 149.20 billion | +2.2% |
| 2013 | 157.91 billion | +5.8% |
| 2014 | 162.33 billion | +2.8% |
| 2015 | 164.04 billion | +1.1% |
| 2016 | 159.01 billion | -3.1% |
| 2017 | 159.26 billion | +0.2% |
| 2018 | 161.65 billion | +1.5% |
| 2019 | 165.65 billion | +2.5% |
| 2020 | 158.70 billion | -4.2% |
| 2021 | 167.59 billion | +5.6% |
| 2022 | 175.37 billion | +4.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 175.37 billion is above the median for upper middle income countries, which is 146.22 billion, 1.2× the median. (47 countries reporting)
- Azerbaijan's 175.37 billion is below the median for Europe & Central Asia, which is 245.02 billion, 72% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38.86 billion | 38.86 billion | 38.86 billion | 1 |
| 1980s | 55.05 billion | 44.23 billion | 65.07 billion | 10 |
| 1990s | 34.12 billion | 23.19 billion | 53.43 billion | 10 |
| 2000s | 72.67 billion | 34.26 billion | 136.02 billion | 10 |
| 2010s | 156.93 billion | 144.30 billion | 165.65 billion | 10 |
| 2020s | 167.22 billion | 158.70 billion | 175.37 billion | 3 |
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 maddison project database in Azerbaijan?
- Gdp maddison project database in Azerbaijan was 175.37 billion in 2022, according to Our World in Data.
- What is the highest gdp maddison project database recorded in Azerbaijan?
- The highest recorded value was 175.37 billion in 2022.
- What is the lowest gdp maddison project database recorded in Azerbaijan?
- The lowest recorded value was 23.19 billion in 1995.
- How does Azerbaijan rank for gdp maddison project database?
- Azerbaijan ranks 71st out of 166 countries with data for 2022.
- Is gdp maddison project database rising or falling in Azerbaijan?
- Over the last ten years it is up 17.5%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Our World in Data, published as part of Gdp maddison project database. Statizoid updates them automatically from the source API.
Download this data
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