Gross Domestic Product of Azerbaijan grew 1.1% in 2023 compared to last year. This rate is 35 -tenths of one percent less than the figure of 4.6% published in 2022.
The GDP figure in 2023 was €66,873$72,356 million, Azerbaijan is number 85 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Azerbaijan dropped €7,824$6,365 million with respect to 2022.
The GDP per capita of Azerbaijan in 2023 was €6,569$7,107, €786$644 less than in 2022, when it was €7,355$7,751. 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 2013 when the GDP per capita in Azerbaijan was €5,968$7,926.
If we order the countries according to their GDP per capita, Azerbaijan is in 99th 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.