The Gross Domestic Product (GDP) in Azerbaijan was worth 46.94 billion US dollars in 2018. The GDP value of Azerbaijan represents 0.08 percent of the world economy. GDP in Azerbaijan averaged 26.19 USD Billion from 1990 until 2018, reaching an all time high of 75.24 USD Billion in 2014 and a record low of 3.05 USD Billion in 1995.

GDP in Azerbaijan is expected to be 57.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan GDP is projected to trend around 65.00 USD Billion in 2020, according to our econometric models.

Azerbaijan GDP
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Azerbaijan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.00 1.40 40.40 -3.90 percent [+]
GDP 46.94 40.87 75.24 3.05 USD Billion [+]
GDP Constant Prices 30608.70 23813.40 79797.30 656.00 AZN Million [+]
Gross Fixed Capital Formation 4832.40 4859.30 4980.50 173.00 AZN Million [+]
GDP per capita 5769.00 5739.60 6072.60 1235.00 USD [+]
GDP per capita PPP 16011.00 15929.40 16853.60 3427.60 USD [+]
Gross National Product 67439.50 56794.00 67439.50 0.30 AZN Million [+]
GDP From Agriculture 362.20 692.60 692.60 94.10 AZN Million [+]
GDP From Construction 896.70 792.50 1345.30 49.70 AZN Million [+]
GDP From Manufacturing 371.30 325.00 371.30 117.40 AZN Million [+]
GDP From Mining 3968.20 3538.30 4803.20 563.30 AZN Million [+]
GDP From Public Administration 220.40 184.30 220.40 64.80 AZN Million [+]
GDP From Services 724.50 599.10 724.50 119.80 AZN Million [+]
GDP From Transport 1010.00 983.90 1010.00 147.20 AZN Million [+]
GDP From Utilities 41.70 29.70 41.70 15.40 AZN Million [+]


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. This page provides - Azerbaijan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
46.94 40.87 75.24 3.05 1990 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
Italy 2073.90 Dec/18
Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
South Korea 1619.42 Dec/18
Australia 1432.20 Dec/18
Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
Indonesia 1042.17 Dec/18
Netherlands 912.87 Dec/18
Saudi Arabia 782.48 Dec/18
Turkey 766.51 Dec/18
Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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