Azerbaijan 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$40.87 billion
↑ 7.92% vs 2016GDP per Capita
$4,147.20
↑ 6.87% vs 2016GDP Growth (Annual %)
0.20%
↑ 3.30pp vs 2016Inflation Rate (CPI %)
12.94%
↑ 0.49pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $37.87 billion | $40.87 billion | +7.92% |
| GDP per Capita | $3,880.69 | $4,147.20 | +6.87% |
| GDP Growth (Annual %) | -3.10% | 0.20% | +3.30pp |
| Inflation (CPI %) | 12.44% | 12.94% | +0.49pp |
| Unemployment Rate (%) | 5.00% | 5.00% | +0.00pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $40.87 billion
- GDP per Capita
- $4,147.20
- GDP Growth (Annual %)
- 0.20%
- Gross National Income
- $39.32 billion
Prices & Employment
- Inflation (CPI %)
- 12.94%
- Inflation (GDP Deflator %)
- 16.17%
- Unemployment Rate (%)
- 5.00%
- Interest Rate (Real %)
- 0.32%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 4.12%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Azerbaijan's Gross Domestic Product (GDP) is $40.87 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Azerbaijan for 2017 is $4,147.20. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Azerbaijan for 2017 is 12.94%. This measures the annual percentage change in the cost of consumer goods and services.
Azerbaijan's annual GDP growth rate for 2017 is 0.20%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Azerbaijan for 2017 is 5.00%. This represents the percentage of the labor force that is unemployed and actively seeking employment.