Azerbaijan Azerbaijan GDP - Gross Domestic Product

Subscribe to our free email alert service

GDP Azerbaijan 2021

GDP grows 5.6% in Azerbaijan

Gross Domestic Product of Azerbaijan grew 5.6% in 2021 compared to last year. This rate is 99 -tenths of one percent higher than the figure of -4.3% published in 2020.

The GDP figure in 2021 was €46,176$54,622 million, Azerbaijan is number 90 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Azerbaijan rose €8,714$11,929 million with respect to 2020.

The GDP per capita of Azerbaijan in 2021 was €4,563$5,398, €842$1,157 higher than in 2020, it was €3,721$4,241. 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 2011 when the GDP per capita in Azerbaijan was €5,209$7,243.

If we order the countries according to their GDP per capita, Azerbaijan is in 100th 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.

Evolution: Annual GDP Azerbaijan
DateAnnual GDPAnnual GDPGDP Growth (%)
2021€46,176M$54,622M5.6%
2020€37,462M$42,693M-4.3%
2019€43,033M$48,174M2.5%
2018€39,912M$47,113M1.5%
2017€36,712M$41,375M0.2%
2016€34,200M$37,830M-3.1%
2015€45,844M$50,844M1.1%
2014€56,711M$75,240M2.8%
2013€55,855M$74,160M5.8%
2012€54,236M$69,687M2.2%
2011€47,460M$65,990M-1.6%
2010€39,954M$52,913M4.8%
2009€31,870M$44,289M9.4%
2008€33,467M$48,979M10.6%
2007€24,177M$33,090M25.5%
2006€16,761M$21,027M34.5%
2005€10,680M$13,273M28.0%
2004€6,990M$8,682M9.3%
2003€6,445M$7,276M10.2%
2002€6,616M$6,232M9.4%
2001€6,117M$5,475M6.5%
2000€5,722M$5,273M6.2%
1999€4,300M$4,581M11.4%
1998$4,280M6.0%
1997$3,963M8.9%
1996$3,177M2.5%
1995$2,417M-13.0%
1994$2,258M-19.7%
1993$1,309M-23.1%
1992$1,193M-22.6%
1991$8,792M-0.7%
1990$8,858M
Evolution: GDP per capita Azerbaijan
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2021€4,563$5,39822.6%27.3%
2020€3,721$4,241-13.7%-12.1%
2019€4,311$4,8266.9%1.4%
2018€4,032$4,7607.8%12.9%
2017€3,742$4,2186.2%8.2%
2016€3,524$3,898-26.3%-26.5%
2015€4,779$5,300-20.1%-33.2%
2014€5,984$7,9390.2%0.2%
2013€5,970$7,9261.7%5.0%
2012€5,873$7,54612.7%4.2%
2011€5,209$7,24317.3%23.2%
2010€4,441$5,88124.3%18.5%
2009€3,572$4,964-6.3%-11.0%
2008€3,812$5,57936.6%46.1%
2007€2,790$3,81842.4%55.3%
2006€1,960$2,45855.0%56.5%
2005€1,264$1,57151.0%51.1%
2004€837$1,0407.4%18.2%
2003€779$880-3.5%15.7%
2002€808$7617.1%12.8%
2001€754$6755.9%2.8%
2000€712$65631.8%14.0%
1999€541$5766.0%
1998$5437.0%
1997$50823.6%
1996$41130.0%
1995$3166.4%
1994$29769.9%
1993$1759.3%
1992$160-86.8%
1991$1,209-2.1%
1990$1,235
Evolution: GDP growth rate at constant prices Azerbaijan
Evolution: GDP per capita Azerbaijan
GDP Azerbaijan