Gross Domestic Product of Azerbaijan grew 4.6% in 2022 compared to last year. This rate is 10 -tenths of one percent less than the figure of 5.6% published in 2021.
The GDP figure in 2022 was €74,697$78,721 million, Azerbaijan is number 75 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Azerbaijan rose €28,545$24,099 million with respect to 2021.
The GDP per capita of Azerbaijan in 2022 was €7,355$7,751, €2,794$2,353 higher than in 2021, it was €4,561$5,398. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2012 when the GDP per capita in Azerbaijan was €5,870$7,546.
If we order the countries according to their GDP per capita, Azerbaijan is in 90th position of the 196 countries whose GDP we publish.
Here we show you the progression of the GDP in Azerbaijan. You can see GDP in other countries in GDP and see all the economic information about Azerbaijan in Azerbaijan's economy.