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.