Gross Domestic Product of Azerbaijan fell -3.1% in 2016 compared to last year. This rate is 0 -tenths of one percent less than the previous year, when changed 0.6%.
The GDP figure in 2016 was €33,929$37,556 million, Azerbaijan is number 89 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Azerbaijan dropped €11,874$13,262 million with respect to 2015.
The GDP per capita of Azerbaijan in 2016 was €3,459$3,828, €1,260$1,568 less than in 2015, when it was €4,719$5,396. 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 2006 when the GDP per capita in Azerbaijan was €1,963$2,415.
If we order the countries according to their GDP per capita, Azerbaijan is in 114th position, its population has a low level of affluence compare tothe 195 countries whose GDP we publish.