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

Latest (2024)
28.3%
Change on year
up 18.6%
World rank
117th
of 201 countries
All-time high
222.4%
in 1992
All-time low
12.2%
in 2014
Years of data
33
1992–2024

Value of imported goods as a share of GDP in Azerbaijan, 1992–2024

0501001502001992200820241992: 222.4 %1993: 40.4 %1994: 64.4 %1995: 27.2 %1996: 30 %1997: 20 %1998: 23.9 %1999: 22.5 %2000: 22.2 %2001: 25 %2002: 26.7 %2003: 36.1 %2004: 40.5 %2005: 31.8 %2006: 25.1 %2007: 17.3 %2008: 14.7 %2009: 13.8 %2010: 12.5 %2011: 14.8 %2012: 13.8 %2013: 14.4 %2014: 12.2 %2015: 17.4 %2016: 22.4 %2017: 21.5 %2018: 24.3 %2019: 28.4 %2020: 25.2 %2021: 21.3 %2022: 18.4 %2023: 23.9 %2024: 28.3 %

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

Annual values for Value of imported goods as a share of GDP in Azerbaijan, 1992 to 2024.
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

DecadeAverage LowestHighest 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

  1. 114 Uzbekistan 29.0% compare
  2. 115 Denmark 28.9% compare
  3. 116 Guatemala 28.7% compare
  4. 118 Tajikistan 28.2% compare
  5. 119 Barbados 28.2% compare
  6. 120 Burkina Faso 27.8% compare

See the full ranking of 201 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

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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Value of imported goods as a share of GDP in Azerbaijan. Statizoid, drawing on 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. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/merchandise-imports-as-a-share-of-countrys-gdp/azerbaijan/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
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
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).