The Gross Domestic Product (GDP) in Azerbaijan was worth 42.61 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Azerbaijan represents 0.04 percent of the world economy. source: World Bank

GDP in Azerbaijan averaged 28.38 USD Billion from 1992 until 2020, 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.

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Azerbaijan GDP

Related Last Previous Unit Reference
GDP 42.61 48.17 USD Billion Dec 2020
GDP per capita 5072.90 5346.78 USD Dec 2020
GDP per capita PPP 13699.67 14439.30 USD Dec 2020
GDP From Utilities 43.30 35.40 AZN Million Dec 2021
GDP From Transport 1276.50 1173.10 AZN Million Dec 2021
GDP From Services 818.20 661.60 AZN Million Dec 2021
GDP From Public Administration 166.50 186.60 AZN Million Dec 2021
GDP From Mining 3758.50 3407.60 AZN Million Dec 2021
GDP From Manufacturing 544.60 503.10 AZN Million Dec 2021
GDP From Construction 946.70 660.80 AZN Million Dec 2021
GDP From Agriculture 397.90 751.80 AZN Million Dec 2021

Azerbaijan GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
42.61 48.17 75.24 0.45 1992 - 2020 USD Billion Yearly
Current USD
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