az Azerbaijan

Comprehensive economic analysis featuring GDP, inflation, unemployment, and other key economic indicators from 2010 to 2025.

16 Years of Data

13 Economic Indicators

Key Economic Indicators

GDP (Current USD)

$77.87 billion

2025
Est. ↑ 3.6%
GDP per Capita

$7,669.33

2025
Est. ↑ 3.6%
GDP Growth (Annual %)

3.64%

2025
↓ 5.29% from previous year
Inflation Rate (CPI %)

2.41%

2025
Estimated
Unemployment Rate
5.44% (2025) Est.
Exports
N/A
Imports
N/A
FDI Inflow
N/A

Historical Economic Trends (2010-2025)

GDP Trend
GDP Growth Rate
Inflation Rate (CPI)
Unemployment Rate

Economic Analysis

GDP Overview

Azerbaijan has faced economic challenges in recent years, with GDP showing a declining trend. As of 2025, the GDP is $77.87 billion. Various factors including global economic conditions and domestic policy changes may have contributed to this pattern.

Inflation Trends

Inflation has been a significant concern for Azerbaijan, with an average CPI inflation rate of 5.59% over the analyzed period. The current inflation rate of 2.41% may impact purchasing power and economic stability.

Historical Economic Data

Economic indicators for Azerbaijan
Year GDP (USD) GDP per Capita GDP Growth (%) Inflation (CPI %) Unemployment (%)
2025 $77.87 billion $7,669.33 3.64% 2.41% 5.44%
2024 $75.14 billion $7,399.88 3.84% 2.21% 5.59%
2023 $72.36 billion $7,125.91 1.12% 8.79% 5.64%
2022 $78.81 billion $7,770.59 4.71% 13.85% 5.65%
2021 $54.83 billion $5,408.05 5.62% 6.65% 6.04%
2020 $42.69 billion $4,229.91 -4.30% 2.76% 7.24%
2019 $48.17 billion $4,805.75 2.50% 2.61% 5.00%
2018 $47.11 billion $4,739.79 1.50% 2.27% 4.90%
2017 $40.87 billion $4,147.20 0.20% 12.94% 5.00%
2016 $37.87 billion $3,880.69 -3.10% 12.44% 5.00%
2015 $53.08 billion $5,500.50 1.09% 4.03% 4.96%
2014 $75.24 billion $7,890.84 2.75% 1.37% 4.91%
2013 $74.16 billion $7,875.35 5.81% 2.42% 4.97%
2012 $69.68 billion $7,495.87 2.17% 1.07% 5.19%
2011 $65.95 billion $7,189.82 0.10% 7.86% 5.42%
2010 $52.91 billion $5,843.53 5.05% 5.73% 5.63%

Detailed Data by Year

Frequently Asked Questions

As of 2025, Azerbaijan's Gross Domestic Product (GDP) is $77.87 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Azerbaijan for 2025 is $7,669.33. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Azerbaijan for 2025 is 2.41%. This measures the annual percentage change in the cost of consumer goods and services.

Azerbaijan's annual GDP growth rate for 2025 is 3.64%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Azerbaijan for 2025 is 5.44%. This represents the percentage of the labor force that is unemployed and actively seeking employment.