Gross Domestic Product — Value Standard Local Currency, 2015 prices in Azerbaijan
Azerbaijan: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.7103 million SLC per square kilometre in 2023. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Azerbaijan is 0.7103 million SLC per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
That represents a change of up 1.1% on the previous year and up 12.2% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Azerbaijan peaked at 0.7103 million SLC per square kilometre in 2023 and was at its lowest, 0.1028 million SLC per square kilometre, in 1995.
Azerbaijan ranks 161st of 194 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 Product — Value Standard Local Currency, 2015 prices in Azerbaijan, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1992 | 0.1888 million SLC per square kilometre | — |
| 1993 | 0.1452 million SLC per square kilometre | -23.1% |
| 1994 | 0.1166 million SLC per square kilometre | -19.7% |
| 1995 | 0.1028 million SLC per square kilometre | -11.8% |
| 1996 | 0.1041 million SLC per square kilometre | +1.3% |
| 1997 | 0.1102 million SLC per square kilometre | +5.8% |
| 1998 | 0.1214 million SLC per square kilometre | +10.2% |
| 1999 | 0.131 million SLC per square kilometre | +7.9% |
| 2000 | 0.1457 million SLC per square kilometre | +11.2% |
| 2001 | 0.1601 million SLC per square kilometre | +9.9% |
| 2002 | 0.177 million SLC per square kilometre | +10.5% |
| 2003 | 0.1967 million SLC per square kilometre | +11.1% |
| 2004 | 0.2166 million SLC per square kilometre | +10.1% |
| 2005 | 0.2738 million SLC per square kilometre | +26.4% |
| 2006 | 0.3683 million SLC per square kilometre | +34.5% |
| 2007 | 0.4606 million SLC per square kilometre | +25.1% |
| 2008 | 0.5101 million SLC per square kilometre | +10.8% |
| 2009 | 0.5576 million SLC per square kilometre | +9.3% |
| 2010 | 0.5852 million SLC per square kilometre | +5.0% |
| 2011 | 0.5856 million SLC per square kilometre | +0.1% |
| 2012 | 0.5983 million SLC per square kilometre | +2.2% |
| 2013 | 0.633 million SLC per square kilometre | +5.8% |
| 2014 | 0.6504 million SLC per square kilometre | +2.7% |
| 2015 | 0.6579 million SLC per square kilometre | +1.1% |
| 2016 | 0.6372 million SLC per square kilometre | -3.1% |
| 2017 | 0.6377 million SLC per square kilometre | +0.1% |
| 2018 | 0.6477 million SLC per square kilometre | +1.6% |
| 2019 | 0.6638 million SLC per square kilometre | +2.5% |
| 2020 | 0.6357 million SLC per square kilometre | -4.2% |
| 2021 | 0.6714 million SLC per square kilometre | +5.6% |
| 2022 | 0.7027 million SLC per square kilometre | +4.7% |
| 2023 | 0.7103 million SLC per square kilometre | +1.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.7103 million SLC per square kilometre is below the median for upper middle income countries, which is 5.02 million SLC per square kilometre, 14% of the median. (54 countries reporting)
- Azerbaijan's 0.7103 million SLC per square kilometre is below the median for Europe & Central Asia, which is 4.95 million SLC per square kilometre, 14% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1275 million SLC per square kilometre | 0.1028 million SLC per square kilometre | 0.1888 million SLC per square kilometre | 8 |
| 2000s | 0.3066 million SLC per square kilometre | 0.1457 million SLC per square kilometre | 0.5576 million SLC per square kilometre | 10 |
| 2010s | 0.6297 million SLC per square kilometre | 0.5852 million SLC per square kilometre | 0.6638 million SLC per square kilometre | 10 |
| 2020s | 0.68 million SLC per square kilometre | 0.6357 million SLC per square kilometre | 0.7103 million SLC per square kilometre | 4 |
Countries ranked near Azerbaijan
- 158 Finland 0.7548 million SLC per square kilometre compare
- 159 Georgia 0.7475 million SLC per square kilometre compare
- 160 Bosnia and Herzegovina 0.713 million SLC per square kilometre compare
- 162 Sierra Leone 0.6559 million SLC per square kilometre compare
- 163 Tajikistan 0.6494 million SLC per square kilometre compare
- 164 Tunisia 0.6414 million SLC 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 — value standard local currency, 2015 prices in Azerbaijan?
- Gross domestic product — value standard local currency, 2015 prices in Azerbaijan was 0.7103 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Azerbaijan?
- The highest recorded value was 0.7103 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Azerbaijan?
- The lowest recorded value was 0.1028 million SLC per square kilometre in 1995.
- How does Azerbaijan rank for gross domestic product — value standard local currency, 2015 prices?
- Azerbaijan ranks 161st out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Azerbaijan?
- Over the last ten years it is up 12.2%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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 — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.