Gross domestic product (GDP), per unit of GDP (Bolt) in Azerbaijan
Azerbaijan: Gross domestic product (GDP), per unit of GDP (Bolt) was 2.23 international-$ in 2011 prices per US$ of GDP in 2022. ◆ Volatile
Gross domestic product (GDP), per unit of GDP in Azerbaijan, 1990–2022
Source: Statizoid (derived). Measured in international-$ in 2011 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Azerbaijan is 2.23 international-$ in 2011 prices per US$ of GDP, measured in 2022.
The figure is down 27.2% on the previous year and up 3.9% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Azerbaijan peaked at 93.99 international-$ in 2011 prices per US$ of GDP in 1992 and was at its lowest, 2.13 international-$ in 2011 prices per US$ of GDP, in 2013.
That places Azerbaijan 32nd out of 163 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP (Bolt) in Azerbaijan, year by year
| Year | international-$ in 2011 prices per US$ of GDP | Change |
|---|---|---|
| 1990 | 5.99 international-$ in 2011 prices per US$ of GDP | — |
| 1991 | 10 international-$ in 2011 prices per US$ of GDP | +66.9% |
| 1992 | 93.99 international-$ in 2011 prices per US$ of GDP | +840.2% |
| 1993 | 20.69 international-$ in 2011 prices per US$ of GDP | -78.0% |
| 1994 | 22.1 international-$ in 2011 prices per US$ of GDP | +6.8% |
| 1995 | 9.59 international-$ in 2011 prices per US$ of GDP | -56.6% |
| 1996 | 7.56 international-$ in 2011 prices per US$ of GDP | -21.1% |
| 1997 | 6.67 international-$ in 2011 prices per US$ of GDP | -11.8% |
| 1998 | 6.37 international-$ in 2011 prices per US$ of GDP | -4.5% |
| 1999 | 6.96 international-$ in 2011 prices per US$ of GDP | +9.3% |
| 2000 | 6.5 international-$ in 2011 prices per US$ of GDP | -6.7% |
| 2001 | 6.46 international-$ in 2011 prices per US$ of GDP | -0.6% |
| 2002 | 6.46 international-$ in 2011 prices per US$ of GDP | +0.0% |
| 2003 | 6.18 international-$ in 2011 prices per US$ of GDP | -4.3% |
| 2004 | 5.77 international-$ in 2011 prices per US$ of GDP | -6.6% |
| 2005 | 4.83 international-$ in 2011 prices per US$ of GDP | -16.3% |
| 2006 | 4.15 international-$ in 2011 prices per US$ of GDP | -14.2% |
| 2007 | 3.33 international-$ in 2011 prices per US$ of GDP | -19.8% |
| 2008 | 2.52 international-$ in 2011 prices per US$ of GDP | -24.2% |
| 2009 | 3.07 international-$ in 2011 prices per US$ of GDP | +21.8% |
| 2010 | 2.73 international-$ in 2011 prices per US$ of GDP | -11.2% |
| 2011 | 2.21 international-$ in 2011 prices per US$ of GDP | -18.8% |
| 2012 | 2.14 international-$ in 2011 prices per US$ of GDP | -3.3% |
| 2013 | 2.13 international-$ in 2011 prices per US$ of GDP | -0.6% |
| 2014 | 2.16 international-$ in 2011 prices per US$ of GDP | +1.3% |
| 2015 | 3.09 international-$ in 2011 prices per US$ of GDP | +43.2% |
| 2016 | 4.2 international-$ in 2011 prices per US$ of GDP | +35.9% |
| 2017 | 3.9 international-$ in 2011 prices per US$ of GDP | -7.2% |
| 2018 | 3.43 international-$ in 2011 prices per US$ of GDP | -12.0% |
| 2019 | 3.44 international-$ in 2011 prices per US$ of GDP | +0.2% |
| 2020 | 3.72 international-$ in 2011 prices per US$ of GDP | +8.1% |
| 2021 | 3.06 international-$ in 2011 prices per US$ of GDP | -17.8% |
| 2022 | 2.23 international-$ in 2011 prices per US$ of GDP | -27.2% |
Azerbaijan compared with similar countries
- Azerbaijan's 2.23 international-$ in 2011 prices per US$ of GDP is above the median for upper middle income countries, which is 1.91 international-$ in 2011 prices per US$ of GDP, 1.2× the median. (47 countries reporting)
- Azerbaijan's 2.23 international-$ in 2011 prices per US$ of GDP is above the median for Europe & Central Asia, which is 1.32 international-$ in 2011 prices per US$ of GDP, 1.7× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP (Bolt) in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +840.2% | 10 international-$ in 2011 prices per US$ of GDP | 93.99 international-$ in 2011 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.99 international-$ in 2011 prices per US$ of GDP | 5.99 international-$ in 2011 prices per US$ of GDP | 93.99 international-$ in 2011 prices per US$ of GDP | 10 |
| 2000s | 4.93 international-$ in 2011 prices per US$ of GDP | 2.52 international-$ in 2011 prices per US$ of GDP | 6.5 international-$ in 2011 prices per US$ of GDP | 10 |
| 2010s | 2.94 international-$ in 2011 prices per US$ of GDP | 2.13 international-$ in 2011 prices per US$ of GDP | 4.2 international-$ in 2011 prices per US$ of GDP | 10 |
| 2020s | 3 international-$ in 2011 prices per US$ of GDP | 2.23 international-$ in 2011 prices per US$ of GDP | 3.72 international-$ in 2011 prices per US$ of GDP | 3 |
Countries ranked near Azerbaijan
- 29 Thailand 2.27 international-$ in 2011 prices per US$ of GDP compare
- 30 Uganda 2.24 international-$ in 2011 prices per US$ of GDP compare
- 31 Kazakhstan 2.23 international-$ in 2011 prices per US$ of GDP compare
- 33 Syria 2.21 international-$ in 2011 prices per US$ of GDP compare
- 34 Ethiopia 2.19 international-$ in 2011 prices per US$ of GDP compare
- 35 Malaysia 2.15 international-$ in 2011 prices per US$ of GDP 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Azerbaijan?
- Gross domestic product (gdp), per unit of gdp in Azerbaijan was 2.23 international-$ in 2011 prices per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Azerbaijan?
- The highest recorded value was 93.99 international-$ in 2011 prices per US$ of GDP in 1992.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Azerbaijan?
- The lowest recorded value was 2.13 international-$ in 2011 prices per US$ of GDP in 2013.
- How does Azerbaijan rank for gross domestic product (gdp), per unit of gdp?
- Azerbaijan ranks 32nd out of 163 countries with data for 2022.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 3.9%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.