Gross domestic product (GDP) in Azerbaijan
Azerbaijan: Gross domestic product (GDP) was 228.65 billion international-$ in 2021 prices in 2025. ◆ Volatile
Latest (2025)
228.65 billion international-$ in 2021 prices
Change on year
up 1.4%
World rank
73rd
of 198 countries
All-time high
228.65 billion international-$ in 2021 prices
in 2025
All-time low
32.37 billion international-$ in 2021 prices
in 1995
Years of data
36
1990–2025
Gross domestic product (GDP) in Azerbaijan, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Azerbaijan recorded 228.65 billion international-$ in 2021 prices for gross domestic product (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, gross domestic product (gdp) in Azerbaijan peaked at 228.65 billion international-$ in 2021 prices in 2025 and was at its lowest, 32.37 billion international-$ in 2021 prices, in 1995.
Azerbaijan ranks 73rd of 198 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.
Gross domestic product (GDP) in Azerbaijan, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 77.32 billion international-$ in 2021 prices | — |
| 1991 | 76.78 billion international-$ in 2021 prices | -0.7% |
| 1992 | 59.43 billion international-$ in 2021 prices | -22.6% |
| 1993 | 45.70 billion international-$ in 2021 prices | -23.1% |
| 1994 | 36.70 billion international-$ in 2021 prices | -19.7% |
| 1995 | 32.37 billion international-$ in 2021 prices | -11.8% |
| 1996 | 32.79 billion international-$ in 2021 prices | +1.3% |
| 1997 | 34.69 billion international-$ in 2021 prices | +5.8% |
| 1998 | 38.16 billion international-$ in 2021 prices | +10.0% |
| 1999 | 40.98 billion international-$ in 2021 prices | +7.4% |
| 2000 | 45.53 billion international-$ in 2021 prices | +11.1% |
| 2001 | 50.04 billion international-$ in 2021 prices | +9.9% |
| 2002 | 54.76 billion international-$ in 2021 prices | +9.4% |
| 2003 | 60.35 billion international-$ in 2021 prices | +10.2% |
| 2004 | 65.94 billion international-$ in 2021 prices | +9.3% |
| 2005 | 84.37 billion international-$ in 2021 prices | +28.0% |
| 2006 | 113.45 billion international-$ in 2021 prices | +34.5% |
| 2007 | 142.34 billion international-$ in 2021 prices | +25.5% |
| 2008 | 157.42 billion international-$ in 2021 prices | +10.6% |
| 2009 | 172.17 billion international-$ in 2021 prices | +9.4% |
| 2010 | 180.41 billion international-$ in 2021 prices | +4.8% |
| 2011 | 177.57 billion international-$ in 2021 prices | -1.6% |
| 2012 | 181.49 billion international-$ in 2021 prices | +2.2% |
| 2013 | 192.09 billion international-$ in 2021 prices | +5.8% |
| 2014 | 197.46 billion international-$ in 2021 prices | +2.8% |
| 2015 | 199.54 billion international-$ in 2021 prices | +1.0% |
| 2016 | 193.42 billion international-$ in 2021 prices | -3.1% |
| 2017 | 193.72 billion international-$ in 2021 prices | +0.2% |
| 2018 | 196.63 billion international-$ in 2021 prices | +1.5% |
| 2019 | 201.50 billion international-$ in 2021 prices | +2.5% |
| 2020 | 193.04 billion international-$ in 2021 prices | -4.2% |
| 2021 | 203.88 billion international-$ in 2021 prices | +5.6% |
| 2022 | 213.50 billion international-$ in 2021 prices | +4.7% |
| 2023 | 216.39 billion international-$ in 2021 prices | +1.4% |
| 2024 | 225.39 billion international-$ in 2021 prices | +4.2% |
| 2025 | 228.65 billion international-$ in 2021 prices | +1.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 228.65 billion international-$ in 2021 prices is above the median for upper middle income countries, which is 105.30 billion international-$ in 2021 prices, 2.2× the median. (57 countries reporting)
- Azerbaijan's 228.65 billion international-$ in 2021 prices is below the median for Europe & Central Asia, which is 249.10 billion international-$ in 2021 prices, 92% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.49 billion international-$ in 2021 prices | 32.37 billion international-$ in 2021 prices | 77.32 billion international-$ in 2021 prices | 10 |
| 2000s | 94.64 billion international-$ in 2021 prices | 45.53 billion international-$ in 2021 prices | 172.17 billion international-$ in 2021 prices | 10 |
| 2010s | 191.38 billion international-$ in 2021 prices | 177.57 billion international-$ in 2021 prices | 201.50 billion international-$ in 2021 prices | 10 |
| 2020s | 213.48 billion international-$ in 2021 prices | 193.04 billion international-$ in 2021 prices | 228.65 billion international-$ in 2021 prices | 6 |
Countries ranked near Azerbaijan
- 70 Guatemala 242.69 billion international-$ in 2021 prices compare
- 71 Kuwait 234.77 billion international-$ in 2021 prices compare
- 72 Cote d'Ivoire 229.47 billion international-$ in 2021 prices compare
- 74 Bulgaria 227.26 billion international-$ in 2021 prices compare
- 75 Slovakia 220.29 billion international-$ in 2021 prices compare
- 76 Oman 198.59 billion international-$ in 2021 prices 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Azerbaijan?
- Gross domestic product (gdp) in Azerbaijan was 228.65 billion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 228.65 billion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Azerbaijan?
- The lowest recorded value was 32.37 billion international-$ in 2021 prices in 1995.
- How does Azerbaijan rank for gross domestic product (gdp)?
- Azerbaijan ranks 73rd out of 198 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 Eurostat, OECD, IMF, and World Bank (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.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.