Gross Domestic Product — Value Standard Local Currency, per capita in Azerbaijan
Azerbaijan: Gross Domestic Product — Value Standard Local Currency, per capita was 0.0124 million SLC per person in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per capita in Azerbaijan, 1991–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, per capita in Azerbaijan stood at 0.0124 million SLC per person.
That represents a change of up 2.1% on the previous year and up 99.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, per capita in Azerbaijan peaked at 0.0132 million SLC per person in 2022 and was at its lowest, 0 million SLC per person, in 1991.
Azerbaijan ranks 177th of 192 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, per capita in Azerbaijan, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1991 | 0 million SLC per person | — |
| 1992 | 0 million SLC per person | +788.4% |
| 1993 | 0 million SLC per person | +542.0% |
| 1994 | 0 million SLC per person | +1076.6% |
| 1995 | 0.0003 million SLC per person | +463.0% |
| 1996 | 0.0004 million SLC per person | +26.8% |
| 1997 | 0.0004 million SLC per person | +14.5% |
| 1998 | 0.0004 million SLC per person | +7.9% |
| 1999 | 0.0005 million SLC per person | +8.8% |
| 2000 | 0.0006 million SLC per person | +24.0% |
| 2001 | 0.0007 million SLC per person | +11.8% |
| 2002 | 0.0007 million SLC per person | +13.2% |
| 2003 | 0.0009 million SLC per person | +17.0% |
| 2004 | 0.001 million SLC per person | +18.3% |
| 2005 | 0.0015 million SLC per person | +45.3% |
| 2006 | 0.0022 million SLC per person | +48.1% |
| 2007 | 0.0033 million SLC per person | +49.6% |
| 2008 | 0.0046 million SLC per person | +38.6% |
| 2009 | 0.004 million SLC per person | -13.1% |
| 2010 | 0.0047 million SLC per person | +17.9% |
| 2011 | 0.0057 million SLC per person | +21.1% |
| 2012 | 0.0059 million SLC per person | +3.7% |
| 2013 | 0.0062 million SLC per person | +4.9% |
| 2014 | 0.0062 million SLC per person | +0.2% |
| 2015 | 0.0056 million SLC per person | -8.9% |
| 2016 | 0.0062 million SLC per person | +9.9% |
| 2017 | 0.0071 million SLC per person | +15.3% |
| 2018 | 0.0081 million SLC per person | +12.9% |
| 2019 | 0.0082 million SLC per person | +1.4% |
| 2020 | 0.0072 million SLC per person | -12.0% |
| 2021 | 0.0092 million SLC per person | +27.9% |
| 2022 | 0.0132 million SLC per person | +43.7% |
| 2023 | 0.0121 million SLC per person | -8.3% |
| 2024 | 0.0124 million SLC per person | +2.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.0124 million SLC per person is below the median for upper middle income countries, which is 0.1236 million SLC per person, 10% of the median. (54 countries reporting)
- Azerbaijan's 0.0124 million SLC per person is below the median for Europe & Central Asia, which is 0.0541 million SLC per person, 23% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, per capita 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 |
|---|---|---|---|
| 1994 | +1076.6% | 0 million SLC per person | 0 million SLC per person |
| 1992 | +788.4% | 0 million SLC per person | 0 million SLC per person |
| 1993 | +542.0% | 0 million SLC per person | 0 million SLC per person |
| 1995 | +463.0% | 0 million SLC per person | 0.0003 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0002 million SLC per person | 0 million SLC per person | 0.0005 million SLC per person | 9 |
| 2000s | 0.0019 million SLC per person | 0.0006 million SLC per person | 0.0046 million SLC per person | 10 |
| 2010s | 0.0064 million SLC per person | 0.0047 million SLC per person | 0.0082 million SLC per person | 10 |
| 2020s | 0.0108 million SLC per person | 0.0072 million SLC per person | 0.0132 million SLC per person | 5 |
Countries ranked near Azerbaijan
- 174 Tajikistan 0.0143 million SLC per person compare
- 175 Fiji 0.0143 million SLC per person compare
- 176 Tunisia 0.0136 million SLC per person compare
- 178 Tonga 0.0123 million SLC per person compare
- 179 Montenegro 0.012 million SLC per person compare
- 180 Papua New Guinea 0.0118 million SLC per person 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, per capita in Azerbaijan?
- Gross domestic product — value standard local currency, per capita in Azerbaijan was 0.0124 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per capita recorded in Azerbaijan?
- The highest recorded value was 0.0132 million SLC per person in 2022.
- What is the lowest gross domestic product — value standard local currency, per capita recorded in Azerbaijan?
- The lowest recorded value was 0 million SLC per person in 1991.
- How does Azerbaijan rank for gross domestic product — value standard local currency, per capita?
- Azerbaijan ranks 177th out of 192 countries with data for 2024.
- Is gross domestic product — value standard local currency, per capita rising or falling in Azerbaijan?
- Over the last ten years it is up 99.9%. 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 — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 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 divided by Population, total, 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 ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.