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 October of 2021.

GDP in Azerbaijan is expected to reach 50.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan GDP is projected to trend around 51.00 USD Billion in 2022, according to our econometric models.

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Azerbaijan GDP


Azerbaijan Last Unit Reference Previous Highest Lowest
GDP 42.61 USD Billion Dec/20 48.17 75.24 0.45
GDP per capita 5593.22 USD Dec/20 5895.20 6073.40 1235.15
GDP per capita PPP 13699.67 USD Dec/20 14439.30 14875.78 3025.29
GDP From Construction 242.70 AZN Million Mar/21 853.70 1345.30 49.70
GDP From Agriculture 185.70 AZN Million Mar/21 410.10 719.30 94.10
GDP From Utilities 36.40 AZN Million Mar/21 37.90 43.80 15.40
GDP From Transport 859.00 AZN Million Mar/21 1070.40 1070.40 147.20
GDP From Services 534.80 AZN Million Mar/21 755.00 759.50 119.80
GDP From Public Administration 171.10 AZN Million Mar/21 164.00 220.70 64.80
GDP From Mining 2246.70 AZN Million Mar/21 3597.90 4803.20 563.30
GDP From Manufacturing 360.30 AZN Million Mar/21 475.90 475.90 117.40


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.
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