Value of imported goods as a share of GDP in Azerbaijan
Azerbaijan: Value of imported goods as a share of GDP was 28.3% in 2024. ◆ Volatile
Value of imported goods as a share of GDP in Azerbaijan, 1992–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Azerbaijan is 28.3%, measured in 2024.
That represents a change of up 18.6% on the previous year and up 131.8% over ten years.
Over the whole period, value of imported goods as a share of gdp in Azerbaijan peaked at 222.4% in 1992 and was at its lowest, 12.2%, in 2014.
Azerbaijan ranks 117th of 201 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.
Value of imported goods as a share of GDP in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 222.4% | — |
| 1993 | 40.4% | -81.8% |
| 1994 | 64.4% | +59.3% |
| 1995 | 27.2% | -57.7% |
| 1996 | 30.0% | +10.1% |
| 1997 | 20.0% | -33.4% |
| 1998 | 23.9% | +19.4% |
| 1999 | 22.5% | -5.6% |
| 2000 | 22.2% | -1.4% |
| 2001 | 25.0% | +12.8% |
| 2002 | 26.7% | +6.7% |
| 2003 | 36.1% | +35.1% |
| 2004 | 40.5% | +12.2% |
| 2005 | 31.8% | -21.5% |
| 2006 | 25.1% | -21.0% |
| 2007 | 17.3% | -31.1% |
| 2008 | 14.7% | -15.1% |
| 2009 | 13.8% | -6.2% |
| 2010 | 12.5% | -9.3% |
| 2011 | 14.8% | +18.6% |
| 2012 | 13.8% | -6.4% |
| 2013 | 14.4% | +4.3% |
| 2014 | 12.2% | -15.5% |
| 2015 | 17.4% | +42.2% |
| 2016 | 22.4% | +29.1% |
| 2017 | 21.5% | -4.1% |
| 2018 | 24.3% | +13.2% |
| 2019 | 28.4% | +16.6% |
| 2020 | 25.2% | -11.3% |
| 2021 | 21.3% | -15.2% |
| 2022 | 18.4% | -13.6% |
| 2023 | 23.9% | +29.4% |
| 2024 | 28.3% | +18.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.3% | 20.0% | 222.4% | 8 |
| 2000s | 25.3% | 13.8% | 40.5% | 10 |
| 2010s | 18.2% | 12.2% | 28.4% | 10 |
| 2020s | 23.4% | 18.4% | 28.3% | 5 |
Countries ranked near Azerbaijan
- 114 Uzbekistan 29.0% compare
- 115 Denmark 28.9% compare
- 116 Guatemala 28.7% compare
- 118 Tajikistan 28.2% compare
- 119 Barbados 28.2% compare
- 120 Burkina Faso 27.8% 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)
- Total reserves minus gold (current US$), annual growth rate 6.75 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1785 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,323 current US$ per person (2025)
- General government final consumption expenditure (current US$) 11.21 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1553 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,151 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 11.21 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.264 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Azerbaijan?
- Value of imported goods as a share of gdp in Azerbaijan was 28.3% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Azerbaijan?
- The highest recorded value was 222.4% in 1992.
- What is the lowest value of imported goods as a share of gdp recorded in Azerbaijan?
- The lowest recorded value was 12.2% in 2014.
- How does Azerbaijan rank for value of imported goods as a share of gdp?
- Azerbaijan ranks 117th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 131.8%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).