Gross national expenditure (constant LCU), per unit of GDP in Azerbaijan
Azerbaijan: Gross national expenditure (constant LCU), per unit of GDP was 0.2707 constant LCU per US$ of GDP in 2012. ◆ Volatile
Gross national expenditure (constant LCU), per unit of GDP in Azerbaijan, 1993–2012
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2012, gross national expenditure (constant lcu), per unit of gdp in Azerbaijan stood at 0.2707 constant LCU per US$ of GDP. That is the lowest value across all 20 years on record.
That represents a change of down 3.3% on the previous year and down 75.3% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Azerbaijan peaked at 2 constant LCU per US$ of GDP in 1994 and was at its lowest, 0.2707 constant LCU per US$ of GDP, in 2012.
That places Azerbaijan 166th out of 169 countries with data for 2012, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant LCU), per unit of GDP in Azerbaijan, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1993 | 1.89 constant LCU per US$ of GDP | — |
| 1994 | 2 constant LCU per US$ of GDP | +6.0% |
| 1995 | 0.9964 constant LCU per US$ of GDP | -50.2% |
| 1996 | 0.9204 constant LCU per US$ of GDP | -7.6% |
| 1997 | 0.8778 constant LCU per US$ of GDP | -4.6% |
| 1998 | 0.8928 constant LCU per US$ of GDP | +1.7% |
| 1999 | 1.01 constant LCU per US$ of GDP | +13.0% |
| 2000 | 0.9757 constant LCU per US$ of GDP | -3.3% |
| 2001 | 0.9167 constant LCU per US$ of GDP | -6.0% |
| 2002 | 1.1 constant LCU per US$ of GDP | +19.6% |
| 2003 | 1.24 constant LCU per US$ of GDP | +13.0% |
| 2004 | 1.23 constant LCU per US$ of GDP | -1.0% |
| 2005 | 0.8894 constant LCU per US$ of GDP | -27.5% |
| 2006 | 0.6873 constant LCU per US$ of GDP | -22.7% |
| 2007 | 0.4722 constant LCU per US$ of GDP | -31.3% |
| 2008 | 0.3462 constant LCU per US$ of GDP | -26.7% |
| 2009 | 0.3888 constant LCU per US$ of GDP | +12.3% |
| 2010 | 0.2957 constant LCU per US$ of GDP | -23.9% |
| 2011 | 0.2799 constant LCU per US$ of GDP | -5.4% |
| 2012 | 0.2707 constant LCU per US$ of GDP | -3.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.2707 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 12.28 constant LCU per US$ of GDP, 2% of the median. (46 countries reporting)
- Azerbaijan's 0.2707 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.7565 constant LCU per US$ of GDP, 36% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.23 constant LCU per US$ of GDP | 0.8778 constant LCU per US$ of GDP | 2 constant LCU per US$ of GDP | 7 |
| 2000s | 0.8238 constant LCU per US$ of GDP | 0.3462 constant LCU per US$ of GDP | 1.24 constant LCU per US$ of GDP | 10 |
| 2010s | 0.2821 constant LCU per US$ of GDP | 0.2707 constant LCU per US$ of GDP | 0.2957 constant LCU per US$ of GDP | 3 |
Countries ranked near Azerbaijan
- 163 Tajikistan 0.38 constant LCU per US$ of GDP compare
- 164 Oman 0.2976 constant LCU per US$ of GDP compare
- 165 Bahrain 0.2732 constant LCU per US$ of GDP compare
- 167 Sudan 0.2219 constant LCU per US$ of GDP
- 168 Kuwait 0.1854 constant LCU per US$ of GDP
- 169 Venezuela 0.1837 constant LCU 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)
- 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Azerbaijan?
- Gross national expenditure (constant lcu), per unit of gdp in Azerbaijan was 0.2707 constant LCU per US$ of GDP in 2012, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Azerbaijan?
- The highest recorded value was 2 constant LCU per US$ of GDP in 1994.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Azerbaijan?
- The lowest recorded value was 0.2707 constant LCU per US$ of GDP in 2012.
- How does Azerbaijan rank for gross national expenditure (constant lcu), per unit of gdp?
- Azerbaijan ranks 166th out of 169 countries with data for 2012.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Azerbaijan?
- Over the last ten years it is down 75.3%. 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 national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- 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 national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.