The Gross Domestic Product (GDP) in Azerbaijan was worth 40.75 billion US dollars in 2017. The GDP value of Azerbaijan represents 0.07 percent of the world economy. GDP in Azerbaijan averaged 25.31 USD Billion from 1990 until 2017, 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 42.00 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 40.75 37.87 75.24 3.05 USD Billion [+]
GDP Constant Prices 23813.40 18111.70 79797.30 656.00 AZN Million [+]
Gross Fixed Capital Formation 4832.40 4859.30 4980.50 173.00 AZN Million [+]
GDP per capita 5805.10 5861.50 6123.00 1216.10 USD [+]
GDP per capita PPP 15847.40 16001.30 16715.10 3319.80 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
40.75 37.87 75.24 3.05 1990 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 19390.60 Dec/17
Euro Area 12589.50 Dec/17
China 12237.70 Dec/17
Japan 4872.14 Dec/17
Germany 3677.44 Dec/17
United Kingdom 2622.43 Dec/17
India 2600.82 Dec/17
France 2582.50 Dec/17
Brazil 2055.51 Dec/17
Italy 1934.80 Dec/17
Canada 1653.04 Dec/17
Russia 1577.52 Dec/17
South Korea 1530.75 Dec/17
Australia 1323.42 Dec/17
Spain 1311.32 Dec/17
Mexico 1150.89 Dec/17
Indonesia 1015.54 Dec/17
Turkey 851.10 Dec/17
Netherlands 826.20 Dec/17
Saudi Arabia 683.83 Dec/17
Switzerland 678.89 Dec/17
Argentina 637.59 Dec/17
South Africa 349.42 Dec/17
Singapore 323.91 Dec/17


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