Gdp penn world table in Azerbaijan

Azerbaijan: Gdp penn world table was 210.94 billion in 2023. ◆ Volatile

Latest (2023)
210.94 billion
Change on year
down 1.4%
World rank
75th
of 184 countries
All-time high
214.05 billion
in 2022
All-time low
22.39 billion
in 1995
Years of data
32
1990–2023

Gdp penn world table in Azerbaijan, 1990–2023

050.0B100.0B150.0B200.0B1990200620231990: 57.6B1993: 27.0B1994: 26.8B1995: 22.4B1996: 23.0B1997: 22.8B1998: 22.9B1999: 24.1B2000: 26.8B2001: 29.9B2002: 31.2B2003: 33.6B2004: 35.6B2005: 53.3B2006: 76.2B2007: 105.3B2008: 118.1B2009: 121.3B2010: 145.9B2011: 186.2B2012: 205.2B2013: 198.9B2014: 203.5B2015: 170.6B2016: 163.6B2017: 158.4B2018: 168.6B2019: 183.6B2020: 178.9B2021: 199.1B2022: 214.0B2023: 210.9B

Source: Our World in Data.

Analysis

Azerbaijan recorded 210.94 billion for gdp penn world table in 2023.

That represents a change of down 1.4% on the previous year and up 6.1% over ten years.

Over the whole period, gdp penn world table in Azerbaijan peaked at 214.05 billion in 2022 and was at its lowest, 22.39 billion, in 1995.

That places Azerbaijan 75th out of 184 countries with data for 2023, 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 penn world table in Azerbaijan, year by year

Annual values for Gdp penn world table in Azerbaijan, 1990 to 2023.
Year Value Change
1990 57.58 billion —
1993 27.04 billion -53.0%
1994 26.75 billion -1.1%
1995 22.39 billion -16.3%
1996 22.97 billion +2.6%
1997 22.84 billion -0.6%
1998 22.91 billion +0.3%
1999 24.06 billion +5.0%
2000 26.80 billion +11.4%
2001 29.88 billion +11.5%
2002 31.22 billion +4.5%
2003 33.56 billion +7.5%
2004 35.60 billion +6.1%
2005 53.29 billion +49.7%
2006 76.23 billion +43.0%
2007 105.34 billion +38.2%
2008 118.12 billion +12.1%
2009 121.28 billion +2.7%
2010 145.90 billion +20.3%
2011 186.18 billion +27.6%
2012 205.15 billion +10.2%
2013 198.87 billion -3.1%
2014 203.53 billion +2.3%
2015 170.63 billion -16.2%
2016 163.56 billion -4.1%
2017 158.39 billion -3.2%
2018 168.58 billion +6.4%
2019 183.60 billion +8.9%
2020 178.90 billion -2.6%
2021 199.11 billion +11.3%
2022 214.05 billion +7.5%
2023 210.94 billion -1.4%

Azerbaijan compared with similar countries

  • Azerbaijan's 210.94 billion is above the median for upper middle income countries, which is 148.60 billion, 1.4× the median. (51 countries reporting)
  • Azerbaijan's 210.94 billion is below the median for Europe & Central Asia, which is 314.74 billion, 67% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Gdp penn world table 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.

YearChange FromTo
1993 -53.0% 57.58 billion 27.04 billion

Averages by decade

DecadeAverage LowestHighest Years
1990s 28.32 billion 22.39 billion 57.58 billion 8
2000s 63.13 billion 26.80 billion 121.28 billion 10
2010s 178.44 billion 145.90 billion 205.15 billion 10
2020s 200.75 billion 178.90 billion 214.05 billion 4

Countries ranked near Azerbaijan

  1. 72 Guatemala 221.29 billion compare
  2. 73 Oman 220.51 billion compare
  3. 74 Ghana 214.89 billion compare
  4. 76 Bulgaria 191.77 billion compare
  5. 77 Cote d'Ivoire 187.80 billion compare
  6. 78 Turkmenistan 180.45 billion compare

See the full ranking of 184 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is gdp penn world table in Azerbaijan?
Gdp penn world table in Azerbaijan was 210.94 billion in 2023, according to Our World in Data.
What is the highest gdp penn world table recorded in Azerbaijan?
The highest recorded value was 214.05 billion in 2022.
What is the lowest gdp penn world table recorded in Azerbaijan?
The lowest recorded value was 22.39 billion in 1995.
How does Azerbaijan rank for gdp penn world table?
Azerbaijan ranks 75th out of 184 countries with data for 2023.
Is gdp penn world table rising or falling in Azerbaijan?
Over the last ten years it is up 6.1%. 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 penn world table. Statizoid updates them automatically from the source API.

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Gdp penn world table in Azerbaijan. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/azerbaijan/

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About this data

Indicator
Gdp penn world table
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed