The Gross Domestic Product (GDP) in Azerbaijan was worth 48.05 billion US dollars in 2019, according to official data from the World Bank. The GDP value of Azerbaijan represents 0.04 percent of the world economy.
GDP in Azerbaijan averaged 26.92 USD Billion from 1990 until 2019, reaching an all time high of 75.24 USD Billion in 2014 and a record low of 3.05 USD Billion in 1995. 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 2020. source: World Bank
GDP in Azerbaijan is expected to reach 44.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan GDP is projected to trend around 50.00 USD Billion in 2021 and 51.00 USD Billion in 2022, according to our econometric models.