Azerbaijan 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$47.11 billion
↑ 15.28% vs 2017GDP per Capita
$4,739.79
↑ 14.29% vs 2017GDP Growth (Annual %)
1.50%
↑ 1.30pp vs 2017Inflation Rate (CPI %)
2.27%
↓ 10.67pp vs 2017Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $40.87 billion | $47.11 billion | +15.28% |
| GDP per Capita | $4,147.20 | $4,739.79 | +14.29% |
| GDP Growth (Annual %) | 0.20% | 1.50% | +1.30pp |
| Inflation (CPI %) | 12.94% | 2.27% | -10.67pp |
| Unemployment Rate (%) | 5.00% | 4.90% | -0.10pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $47.11 billion
- GDP per Capita
- $4,739.79
- GDP Growth (Annual %)
- 1.50%
- Gross National Income
- $44.85 billion
Prices & Employment
- Inflation (CPI %)
- 2.27%
- Inflation (GDP Deflator %)
- 12.18%
- Unemployment Rate (%)
- 4.90%
- Interest Rate (Real %)
- 4.69%
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)
- 12.68%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2018, Azerbaijan's Gross Domestic Product (GDP) is $47.11 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Azerbaijan for 2018 is $4,739.79. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Azerbaijan for 2018 is 2.27%. This measures the annual percentage change in the cost of consumer goods and services.
Azerbaijan's annual GDP growth rate for 2018 is 1.50%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Azerbaijan for 2018 is 4.90%. This represents the percentage of the labor force that is unemployed and actively seeking employment.