Gross National Income — Value US$ in Azerbaijan
Azerbaijan: Gross National Income — Value US$ was 71,898 million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Azerbaijan, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Azerbaijan recorded 71,898 million USD for gross national income — value us$ in 2023.
That represents a change of down 8.2% on the previous year and up 2.0% over ten years.
Over the whole period, gross national income — value us$ in Azerbaijan peaked at 78,309 million USD in 2022 and was at its lowest, 3,076 million USD, in 1995.
Azerbaijan ranks 77th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$ in Azerbaijan, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 6,691 million USD | — |
| 1992 | 5,297 million USD | -20.8% |
| 1993 | 4,172 million USD | -21.2% |
| 1994 | 3,424 million USD | -17.9% |
| 1995 | 3,076 million USD | -10.2% |
| 1996 | 3,167 million USD | +3.0% |
| 1997 | 3,953 million USD | +24.8% |
| 1998 | 4,461 million USD | +12.9% |
| 1999 | 4,768 million USD | +6.9% |
| 2000 | 5,178 million USD | +8.6% |
| 2001 | 5,563 million USD | +7.4% |
| 2002 | 6,042 million USD | +8.6% |
| 2003 | 7,025 million USD | +16.3% |
| 2004 | 8,167 million USD | +16.3% |
| 2005 | 11,735 million USD | +43.7% |
| 2006 | 18,470 million USD | +57.4% |
| 2007 | 28,219 million USD | +52.8% |
| 2008 | 43,831 million USD | +55.3% |
| 2009 | 41,023 million USD | -6.4% |
| 2010 | 49,738 million USD | +21.2% |
| 2011 | 61,441 million USD | +23.5% |
| 2012 | 65,735 million USD | +7.0% |
| 2013 | 70,472 million USD | +7.2% |
| 2014 | 73,083 million USD | +3.7% |
| 2015 | 51,379 million USD | -29.7% |
| 2016 | 35,591 million USD | -30.7% |
| 2017 | 39,322 million USD | +10.5% |
| 2018 | 44,853 million USD | +14.1% |
| 2019 | 46,318 million USD | +3.3% |
| 2020 | 42,423 million USD | -8.4% |
| 2021 | 54,478 million USD | +28.4% |
| 2022 | 78,309 million USD | +43.7% |
| 2023 | 71,898 million USD | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,334 million USD | 3,076 million USD | 6,691 million USD | 9 |
| 2000s | 17,525 million USD | 5,178 million USD | 43,831 million USD | 10 |
| 2010s | 53,793 million USD | 35,591 million USD | 73,083 million USD | 10 |
| 2020s | 61,777 million USD | 42,423 million USD | 78,309 million USD | 4 |
Countries ranked near Azerbaijan
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)
- GNI, Atlas method (current US$), annual growth rate 0.7517 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9931 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 7,360 current US$ per person (2025)
- GNI (current US$), annual growth rate 2.91 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9738 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 7,217 current US$ per person (2025)
- GNI (current LCU), annual growth rate 2.91 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.66 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value us$ in Azerbaijan?
- Gross national income — value us$ in Azerbaijan was 71,898 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Azerbaijan?
- The highest recorded value was 78,309 million USD in 2022.
- What is the lowest gross national income — value us$ recorded in Azerbaijan?
- The lowest recorded value was 3,076 million USD in 1995.
- How does Azerbaijan rank for gross national income — value us$?
- Azerbaijan ranks 77th out of 203 countries with data for 2023.
- Is gross national income — value us$ rising or falling in Azerbaijan?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).