The Gross Domestic Product (GDP) in Azerbaijan was worth 54.62 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Azerbaijan represents 0.05 percent of the world economy. source: World Bank
GDP in Azerbaijan averaged 29.26 USD Billion from 1992 until 2021, reaching an all time high of 75.24 USD Billion in 2014 and a record low of 0.45 USD Billion in 1992. This page provides - Azerbaijan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan GDP - values, historical data and charts - was last updated on July of 2022.
GDP in Azerbaijan is expected to reach 51.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan GDP is projected to trend around 52.00 USD Billion in 2023 and 53.00 USD Billion in 2024, according to our econometric models.