Gross Domestic Product — Value US$, 2015 prices, per capita in Azerbaijan
Azerbaijan: Gross Domestic Product — Value US$, 2015 prices, per capita was 0.0058 million USD per person in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices, per capita in Azerbaijan, 1991–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross domestic product — value us$, 2015 prices, per capita in Azerbaijan stood at 0.0058 million USD per person. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 3.6% on the previous year and up 6.2% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per capita in Azerbaijan peaked at 0.0058 million USD per person in 2024 and was at its lowest, 0.0011 million USD per person, in 1995.
That places Azerbaijan 106th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices, per capita in Azerbaijan, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1991 | 0.0027 million USD per person | — |
| 1992 | 0.0021 million USD per person | -23.8% |
| 1993 | 0.0016 million USD per person | -24.3% |
| 1994 | 0.0012 million USD per person | -20.7% |
| 1995 | 0.0011 million USD per person | -12.8% |
| 1996 | 0.0011 million USD per person | +0.2% |
| 1997 | 0.0011 million USD per person | +4.8% |
| 1998 | 0.0012 million USD per person | +9.0% |
| 1999 | 0.0013 million USD per person | +6.5% |
| 2000 | 0.0015 million USD per person | +10.2% |
| 2001 | 0.0016 million USD per person | +9.1% |
| 2002 | 0.0017 million USD per person | +9.7% |
| 2003 | 0.0019 million USD per person | +10.3% |
| 2004 | 0.0021 million USD per person | +9.2% |
| 2005 | 0.0026 million USD per person | +25.1% |
| 2006 | 0.0035 million USD per person | +33.0% |
| 2007 | 0.0043 million USD per person | +23.6% |
| 2008 | 0.0047 million USD per person | +8.5% |
| 2009 | 0.005 million USD per person | +7.1% |
| 2010 | 0.0052 million USD per person | +3.8% |
| 2011 | 0.0052 million USD per person | -1.2% |
| 2012 | 0.0052 million USD per person | +0.8% |
| 2013 | 0.0054 million USD per person | +4.4% |
| 2014 | 0.0055 million USD per person | +1.5% |
| 2015 | 0.0055 million USD per person | -0.1% |
| 2016 | 0.0053 million USD per person | -4.2% |
| 2017 | 0.0052 million USD per person | -0.9% |
| 2018 | 0.0053 million USD per person | +0.7% |
| 2019 | 0.0053 million USD per person | +1.6% |
| 2020 | 0.0051 million USD per person | -4.9% |
| 2021 | 0.0053 million USD per person | +5.2% |
| 2022 | 0.0056 million USD per person | +4.6% |
| 2023 | 0.0056 million USD per person | +1.0% |
| 2024 | 0.0058 million USD per person | +3.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.0058 million USD per person is below the median for upper middle income countries, which is 0.0066 million USD per person, 89% of the median. (54 countries reporting)
- Azerbaijan's 0.0058 million USD per person is below the median for Europe & Central Asia, which is 0.0198 million USD per person, 29% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0015 million USD per person | 0.0011 million USD per person | 0.0027 million USD per person | 9 |
| 2000s | 0.0029 million USD per person | 0.0015 million USD per person | 0.005 million USD per person | 10 |
| 2010s | 0.0053 million USD per person | 0.0052 million USD per person | 0.0055 million USD per person | 10 |
| 2020s | 0.0055 million USD per person | 0.0051 million USD per person | 0.0058 million USD per person | 5 |
Countries ranked near Azerbaijan
- 103 Albania 0.0065 million USD per person compare
- 104 Ecuador 0.0061 million USD per person compare
- 105 Fiji 0.0059 million USD per person compare
- 107 Marshall Islands 0.0058 million USD per person compare
- 108 Lebanon 0.0058 million USD per person compare
- 109 South Africa 0.0057 million USD 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, per capita in Azerbaijan?
- Gross domestic product — value us$, 2015 prices, per capita in Azerbaijan was 0.0058 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per capita recorded in Azerbaijan?
- The highest recorded value was 0.0058 million USD per person in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices, per capita recorded in Azerbaijan?
- The lowest recorded value was 0.0011 million USD per person in 1995.
- How does Azerbaijan rank for gross domestic product — value us$, 2015 prices, per capita?
- Azerbaijan ranks 106th out of 194 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, per capita rising or falling in Azerbaijan?
- Over the last ten years it is up 6.2%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value US$, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.