Gross domestic product (GDP) in Azerbaijan
Azerbaijan: Gross domestic product (GDP) was 60.82 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
60.82 billion constant 2015 US$
Change on year
up 1.4%
World rank
86th
of 209 countries
All-time high
60.82 billion constant 2015 US$
in 2025
All-time low
8.61 billion constant 2015 US$
in 1995
Years of data
36
1990–2025
Gross domestic product (GDP) in Azerbaijan, 1990–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Azerbaijan stood at 60.82 billion constant 2015 US$. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 14.6% over ten years.
Over the whole period, gross domestic product (gdp) in Azerbaijan peaked at 60.82 billion constant 2015 US$ in 2025 and was at its lowest, 8.61 billion constant 2015 US$, in 1995.
That places Azerbaijan 86th out of 209 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Azerbaijan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 20.57 billion constant 2015 US$ | — |
| 1991 | 20.42 billion constant 2015 US$ | -0.7% |
| 1992 | 15.81 billion constant 2015 US$ | -22.6% |
| 1993 | 12.16 billion constant 2015 US$ | -23.1% |
| 1994 | 9.76 billion constant 2015 US$ | -19.7% |
| 1995 | 8.61 billion constant 2015 US$ | -11.8% |
| 1996 | 8.72 billion constant 2015 US$ | +1.3% |
| 1997 | 9.23 billion constant 2015 US$ | +5.8% |
| 1998 | 10.15 billion constant 2015 US$ | +10.0% |
| 1999 | 10.90 billion constant 2015 US$ | +7.4% |
| 2000 | 12.11 billion constant 2015 US$ | +11.1% |
| 2001 | 13.31 billion constant 2015 US$ | +9.9% |
| 2002 | 14.57 billion constant 2015 US$ | +9.4% |
| 2003 | 16.05 billion constant 2015 US$ | +10.2% |
| 2004 | 17.54 billion constant 2015 US$ | +9.3% |
| 2005 | 22.44 billion constant 2015 US$ | +28.0% |
| 2006 | 30.18 billion constant 2015 US$ | +34.5% |
| 2007 | 37.86 billion constant 2015 US$ | +25.5% |
| 2008 | 41.87 billion constant 2015 US$ | +10.6% |
| 2009 | 45.80 billion constant 2015 US$ | +9.4% |
| 2010 | 47.99 billion constant 2015 US$ | +4.8% |
| 2011 | 47.23 billion constant 2015 US$ | -1.6% |
| 2012 | 48.27 billion constant 2015 US$ | +2.2% |
| 2013 | 51.10 billion constant 2015 US$ | +5.8% |
| 2014 | 52.52 billion constant 2015 US$ | +2.8% |
| 2015 | 53.08 billion constant 2015 US$ | +1.0% |
| 2016 | 51.45 billion constant 2015 US$ | -3.1% |
| 2017 | 51.53 billion constant 2015 US$ | +0.2% |
| 2018 | 52.30 billion constant 2015 US$ | +1.5% |
| 2019 | 53.60 billion constant 2015 US$ | +2.5% |
| 2020 | 51.35 billion constant 2015 US$ | -4.2% |
| 2021 | 54.23 billion constant 2015 US$ | +5.6% |
| 2022 | 56.79 billion constant 2015 US$ | +4.7% |
| 2023 | 57.56 billion constant 2015 US$ | +1.4% |
| 2024 | 59.95 billion constant 2015 US$ | +4.2% |
| 2025 | 60.82 billion constant 2015 US$ | +1.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 60.82 billion constant 2015 US$ is above the median for upper middle income countries, which is 51.02 billion constant 2015 US$, 1.2× the median. (58 countries reporting)
- Azerbaijan's 60.82 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.17 billion constant 2015 US$, 85% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.63 billion constant 2015 US$ | 8.61 billion constant 2015 US$ | 20.57 billion constant 2015 US$ | 10 |
| 2000s | 25.17 billion constant 2015 US$ | 12.11 billion constant 2015 US$ | 45.80 billion constant 2015 US$ | 10 |
| 2010s | 50.91 billion constant 2015 US$ | 47.23 billion constant 2015 US$ | 53.60 billion constant 2015 US$ | 10 |
| 2020s | 56.78 billion constant 2015 US$ | 51.35 billion constant 2015 US$ | 60.82 billion constant 2015 US$ | 6 |
Countries ranked near Azerbaijan
- 83 Democratic Republic of Congo 64.04 billion constant 2015 US$ compare
- 84 Belarus 63.04 billion constant 2015 US$ compare
- 85 Myanmar 61.87 billion constant 2015 US$ compare
- 87 Serbia 57.66 billion constant 2015 US$ compare
- 88 Lithuania 57.09 billion constant 2015 US$ compare
- 89 Slovenia 56.19 billion constant 2015 US$ compare
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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Azerbaijan?
- Gross domestic product (gdp) in Azerbaijan was 60.82 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Azerbaijan?
- The highest recorded value was 60.82 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Azerbaijan?
- The lowest recorded value was 8.61 billion constant 2015 US$ in 1995.
- How does Azerbaijan rank for gross domestic product (gdp)?
- Azerbaijan ranks 86th out of 209 countries with data for 2025.
- Is gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.