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 €74,645$78,721 million, Azerbaijan is number 74 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Azerbaijan rose €28,493$24,099 million with respect to 2021.
The GDP per capita of Azerbaijan in 2022 was €7,371$7,773, €2,810$2,375 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 89th position of the 196 countries whose GDP we publish.