Gross domestic income in Azerbaijan
Azerbaijan: Gross domestic income was 29.47 billion constant LCU in 2014. ◆ Volatile
Gross domestic income in Azerbaijan, 1994–2014
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2014, gross domestic income in Azerbaijan stood at 29.47 billion constant LCU.
The figure is down 2.3% on the previous year and up 244.4% over ten years.
Over the whole period, gross domestic income in Azerbaijan peaked at 33.48 billion constant LCU in 2008 and was at its lowest, 3.96 billion constant LCU, in 1996.
Azerbaijan ranks 149th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic income in Azerbaijan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1994 | 4.30 billion constant LCU | — |
| 1995 | 4.12 billion constant LCU | -4.2% |
| 1996 | 3.96 billion constant LCU | -3.9% |
| 1997 | 4.17 billion constant LCU | +5.5% |
| 1998 | 4.28 billion constant LCU | +2.6% |
| 1999 | 4.66 billion constant LCU | +8.8% |
| 2000 | 5.60 billion constant LCU | +20.2% |
| 2001 | 5.74 billion constant LCU | +2.5% |
| 2002 | 6.34 billion constant LCU | +10.4% |
| 2003 | 7.35 billion constant LCU | +15.9% |
| 2004 | 8.55 billion constant LCU | +16.5% |
| 2005 | 12.52 billion constant LCU | +46.4% |
| 2006 | 19.29 billion constant LCU | +54.1% |
| 2007 | 25.60 billion constant LCU | +32.7% |
| 2008 | 33.48 billion constant LCU | +30.8% |
| 2009 | 27.70 billion constant LCU | -17.3% |
| 2010 | 28.40 billion constant LCU | +2.5% |
| 2011 | 32.26 billion constant LCU | +13.6% |
| 2012 | 29.79 billion constant LCU | -7.6% |
| 2013 | 30.15 billion constant LCU | +1.2% |
| 2014 | 29.47 billion constant LCU | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.25 billion constant LCU | 3.96 billion constant LCU | 4.66 billion constant LCU | 6 |
| 2000s | 15.22 billion constant LCU | 5.60 billion constant LCU | 33.48 billion constant LCU | 10 |
| 2010s | 30.01 billion constant LCU | 28.40 billion constant LCU | 32.26 billion constant LCU | 5 |
Countries ranked near Azerbaijan
- 146 Estonia 30.64 billion constant LCU compare
- 147 Papua New Guinea 30.51 billion constant LCU compare
- 148 El Salvador 29.71 billion constant LCU compare
- 150 Seychelles 28.92 billion constant LCU compare
- 151 Lesotho 25.54 billion constant LCU compare
- 152 Malta 20.38 billion constant LCU 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)
- Services, value added (constant LCU), per capita 1,085 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 0.5729 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 2.26 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.904 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,699 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.26 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.54 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11,388 current LCU per person (2025)
Frequently asked questions
- What is gross domestic income in Azerbaijan?
- Gross domestic income in Azerbaijan was 29.47 billion constant LCU in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Azerbaijan?
- The highest recorded value was 33.48 billion constant LCU in 2008.
- What is the lowest gross domestic income recorded in Azerbaijan?
- The lowest recorded value was 3.96 billion constant LCU in 1996.
- How does Azerbaijan rank for gross domestic income?
- Azerbaijan ranks 149th out of 178 countries with data for 2014.
- Is gross domestic income rising or falling in Azerbaijan?
- Over the last ten years it is up 244.4%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.