Real gdp growth, annual growth rate in Azerbaijan, Republic of
Azerbaijan, Republic of: Real gdp growth, annual growth rate was 206.94 % change on previous year in 2024. ◆ Volatile
Real gdp growth, annual growth rate in Azerbaijan, Republic of, 1994–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Azerbaijan, Republic of recorded 206.94 % change on previous year for real gdp growth, annual growth rate in 2024.
The figure is up 390.3% on the previous year and up 493.2% over ten years.
Over the whole period, real gdp growth, annual growth rate in Azerbaijan, Republic of peaked at 854.54 % change on previous year in 2018 and was at its lowest, -383.7 % change on previous year, in 2016.
Azerbaijan, Republic of ranks 19th of 196 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth, annual growth rate in Azerbaijan, Republic of, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1994 | 14.83 % change on previous year | — |
| 1995 | 33.78 % change on previous year | +127.8% |
| 1996 | 119.43 % change on previous year | +253.5% |
| 1997 | 251.01 % change on previous year | +110.2% |
| 1998 | -32.38 % change on previous year | -112.9% |
| 1999 | 89.71 % change on previous year | -377.0% |
| 2000 | -45.36 % change on previous year | -150.6% |
| 2001 | 58.99 % change on previous year | -230.0% |
| 2002 | -4.66 % change on previous year | -107.9% |
| 2003 | 8.15 % change on previous year | -275.0% |
| 2004 | -9.35 % change on previous year | -214.7% |
| 2005 | 185.28 % change on previous year | -2082.6% |
| 2006 | 30.55 % change on previous year | -83.5% |
| 2007 | -27.46 % change on previous year | -189.9% |
| 2008 | -56.92 % change on previous year | +107.2% |
| 2009 | -14.02 % change on previous year | -75.4% |
| 2010 | -46 % change on previous year | +228.1% |
| 2011 | -98 % change on previous year | +113.0% |
| 2013 | 165.23 % change on previous year | -268.6% |
| 2014 | -52.63 % change on previous year | -131.9% |
| 2015 | -60.98 % change on previous year | +15.9% |
| 2016 | -383.7 % change on previous year | +529.2% |
| 2017 | 105.03 % change on previous year | -127.4% |
| 2018 | 854.54 % change on previous year | +713.7% |
| 2019 | 68.71 % change on previous year | -92.0% |
| 2020 | -269.31 % change on previous year | -492.0% |
| 2021 | 233.75 % change on previous year | -186.8% |
| 2022 | -16.04 % change on previous year | -106.9% |
| 2023 | -71.28 % change on previous year | +344.3% |
| 2024 | 206.94 % change on previous year | -390.3% |
Biggest year-on-year movements
Years where Real gdp growth, annual growth rate in Azerbaijan, Republic of changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +2082.6% | -9.35 % change on previous year | 185.28 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 79.4 % change on previous year | -32.38 % change on previous year | 251.01 % change on previous year | 6 |
| 2000s | 12.52 % change on previous year | -56.92 % change on previous year | 185.28 % change on previous year | 10 |
| 2010s | 61.35 % change on previous year | -383.7 % change on previous year | 854.54 % change on previous year | 9 |
| 2020s | 16.81 % change on previous year | -269.31 % change on previous year | 233.75 % change on previous year | 5 |
Countries ranked near Azerbaijan, Republic of
- 16 Luxembourg 262.63 % change on previous year compare
- 17 Brunei Darussalam 259.31 % change on previous year compare
- 18 Israel 207.23 % change on previous year compare
- 20 São Tomé and Príncipe, Democratic Republic of 198.39 % change on previous year compare
- 21 Austria 193.47 % change on previous year compare
- 22 Liechtenstein, Principality of 170.93 % change on previous year compare
More economy & growth data for Azerbaijan, Republic of
- 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)
- SDRs holdings, US dollar, annual growth rate -4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.58 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is real gdp growth, annual growth rate in Azerbaijan, Republic of?
- Real gdp growth, annual growth rate in Azerbaijan, Republic of was 206.94 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest real gdp growth, annual growth rate recorded in Azerbaijan, Republic of?
- The highest recorded value was 854.54 % change on previous year in 2018.
- What is the lowest real gdp growth, annual growth rate recorded in Azerbaijan, Republic of?
- The lowest recorded value was -383.7 % change on previous year in 2016.
- How does Azerbaijan, Republic of rank for real gdp growth, annual growth rate?
- Azerbaijan, Republic of ranks 19th out of 196 countries with data for 2024.
- Is real gdp growth, annual growth rate rising or falling in Azerbaijan, Republic of?
- Over the last ten years it is up 493.2%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan, Republic of data come from?
- The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Real gdp growth Our World in Data
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
The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.