Gross Domestic Product, GDP in millions constant 2021 international $ in Azerbaijan
Azerbaijan: Gross Domestic Product, GDP in millions constant 2021 international $ was 2.62 units per square kilometre in 2023. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Azerbaijan is 2.62 units per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
That represents a change of up 1.4% on the previous year and up 12.7% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Azerbaijan peaked at 2.62 units per square kilometre in 2023 and was at its lowest, 0.3889 units per square kilometre, in 1995.
Azerbaijan ranks 60th of 186 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 millions constant 2021 international $ in Azerbaijan, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1992 | 0.7141 units per square kilometre | — |
| 1993 | 0.5492 units per square kilometre | -23.1% |
| 1994 | 0.441 units per square kilometre | -19.7% |
| 1995 | 0.3889 units per square kilometre | -11.8% |
| 1996 | 0.394 units per square kilometre | +1.3% |
| 1997 | 0.4168 units per square kilometre | +5.8% |
| 1998 | 0.4592 units per square kilometre | +10.2% |
| 1999 | 0.4955 units per square kilometre | +7.9% |
| 2000 | 0.5512 units per square kilometre | +11.2% |
| 2001 | 0.6058 units per square kilometre | +9.9% |
| 2002 | 0.6628 units per square kilometre | +9.4% |
| 2003 | 0.7302 units per square kilometre | +10.2% |
| 2004 | 0.7976 units per square kilometre | +9.2% |
| 2005 | 1.02 units per square kilometre | +28.0% |
| 2006 | 1.37 units per square kilometre | +34.5% |
| 2007 | 1.72 units per square kilometre | +25.5% |
| 2008 | 1.91 units per square kilometre | +10.6% |
| 2009 | 2.08 units per square kilometre | +9.4% |
| 2010 | 2.18 units per square kilometre | +4.7% |
| 2011 | 2.15 units per square kilometre | -1.6% |
| 2012 | 2.2 units per square kilometre | +2.2% |
| 2013 | 2.32 units per square kilometre | +5.8% |
| 2014 | 2.39 units per square kilometre | +2.8% |
| 2015 | 2.41 units per square kilometre | +1.0% |
| 2016 | 2.34 units per square kilometre | -3.1% |
| 2017 | 2.34 units per square kilometre | +0.2% |
| 2018 | 2.38 units per square kilometre | +1.5% |
| 2019 | 2.44 units per square kilometre | +2.5% |
| 2020 | 2.34 units per square kilometre | -4.2% |
| 2021 | 2.47 units per square kilometre | +5.6% |
| 2022 | 2.58 units per square kilometre | +4.7% |
| 2023 | 2.62 units per square kilometre | +1.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 2.62 units per square kilometre is above the median for upper middle income countries, which is 1.26 units per square kilometre, 2.1× the median. (53 countries reporting)
- Azerbaijan's 2.62 units per square kilometre is above the median for Europe & Central Asia, which is 2.37 units per square kilometre, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4823 units per square kilometre | 0.3889 units per square kilometre | 0.7141 units per square kilometre | 8 |
| 2000s | 1.15 units per square kilometre | 0.5512 units per square kilometre | 2.08 units per square kilometre | 10 |
| 2010s | 2.32 units per square kilometre | 2.15 units per square kilometre | 2.44 units per square kilometre | 10 |
| 2020s | 2.5 units per square kilometre | 2.34 units per square kilometre | 2.62 units per square kilometre | 4 |
Countries ranked near Azerbaijan
- 57 Croatia 2.84 units per square kilometre compare
- 58 Jamaica 2.82 units per square kilometre compare
- 59 United States 2.74 units per square kilometre compare
- 61 Costa Rica 2.6 units per square kilometre compare
- 62 Cuba 2.22 units per square kilometre compare
- 63 Panama 2.16 units per square kilometre 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 millions constant 2021 international $ in Azerbaijan?
- Gross domestic product, gdp in millions constant 2021 international $ in Azerbaijan was 2.62 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Azerbaijan?
- The highest recorded value was 2.62 units per square kilometre in 2023.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Azerbaijan?
- The lowest recorded value was 0.3889 units per square kilometre in 1995.
- How does Azerbaijan rank for gross domestic product, gdp in millions constant 2021 international $?
- Azerbaijan ranks 60th out of 186 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Azerbaijan?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per square kilometre. Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Land area (sq. km)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.