Global Revenue Statistics … Gross domestic product, current prices in Azerbaijan
Azerbaijan: Global Revenue Statistics … Gross domestic product, current prices was 72,428 US dollar in 2023. ◆ Volatile
Global Revenue Statistics - Reference series — Gross domestic in Azerbaijan, 2000–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
In 2023, global revenue statistics - reference series — gross domestic in Azerbaijan stood at 72,428 US dollar.
The figure is down 8.1% on the previous year and down 2.3% over ten years.
Over the whole period, global revenue statistics - reference series — gross domestic in Azerbaijan peaked at 78,807 US dollar in 2022 and was at its lowest, 5,273 US dollar, in 2000.
That places Azerbaijan 56th out of 133 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.
Global Revenue Statistics … Gross domestic product, current prices in Azerbaijan, year by year
| Year | US dollar | Change |
|---|---|---|
| 2000 | 5,273 US dollar | — |
| 2001 | 5,475 US dollar | +3.8% |
| 2002 | 6,231 US dollar | +13.8% |
| 2003 | 7,275 US dollar | +16.8% |
| 2004 | 8,682 US dollar | +19.3% |
| 2005 | 13,238 US dollar | +52.5% |
| 2006 | 20,983 US dollar | +58.5% |
| 2007 | 33,049 US dollar | +57.5% |
| 2008 | 48,852 US dollar | +47.8% |
| 2009 | 44,296 US dollar | -9.3% |
| 2010 | 52,909 US dollar | +19.4% |
| 2011 | 65,952 US dollar | +24.7% |
| 2012 | 69,684 US dollar | +5.7% |
| 2013 | 74,164 US dollar | +6.4% |
| 2014 | 75,235 US dollar | +1.4% |
| 2015 | 52,997 US dollar | -29.6% |
| 2016 | 37,830 US dollar | -28.6% |
| 2017 | 41,375 US dollar | +9.4% |
| 2018 | 47,113 US dollar | +13.9% |
| 2019 | 48,174 US dollar | +2.3% |
| 2020 | 42,693 US dollar | -11.4% |
| 2021 | 54,825 US dollar | +28.4% |
| 2022 | 78,807 US dollar | +43.7% |
| 2023 | 72,428 US dollar | -8.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 72,428 US dollar is above the median for upper middle income countries, which is 33,071 US dollar, 2.2× the median. (38 countries reporting)
- Azerbaijan's 72,428 US dollar is below the median for Europe & Central Asia, which is 250,023 US dollar, 29% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19,336 US dollar | 5,273 US dollar | 48,852 US dollar | 10 |
| 2010s | 56,543 US dollar | 37,830 US dollar | 75,235 US dollar | 10 |
| 2020s | 62,188 US dollar | 42,693 US dollar | 78,807 US dollar | 4 |
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 global revenue statistics - reference series — gross domestic in Azerbaijan?
- Global revenue statistics - reference series — gross domestic in Azerbaijan was 72,428 US dollar in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - reference series — gross domestic recorded in Azerbaijan?
- The highest recorded value was 78,807 US dollar in 2022.
- What is the lowest global revenue statistics - reference series — gross domestic recorded in Azerbaijan?
- The lowest recorded value was 5,273 US dollar in 2000.
- How does Azerbaijan rank for global revenue statistics - reference series — gross domestic?
- Azerbaijan ranks 56th out of 133 countries with data for 2023.
- Is global revenue statistics - reference series — gross domestic rising or falling in Azerbaijan?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Reference series — Gross domestic product, current prices. Statizoid updates them automatically from the source API.
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About this data
Includes Gross Domestic Product (GDP) for tax reporting years at market prices in national currency and in US dollars, and exchange rates in national currency per US dollar.