Azerbaijan 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$48.17 billion
↑ 2.25% vs 2018GDP per Capita
$4,805.75
↑ 1.39% vs 2018GDP Growth (Annual %)
2.50%
↑ 1.00pp vs 2018Inflation Rate (CPI %)
2.61%
↑ 0.34pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $47.11 billion | $48.17 billion | +2.25% |
| GDP per Capita | $4,739.79 | $4,805.75 | +1.39% |
| GDP Growth (Annual %) | 1.50% | 2.50% | +1.00pp |
| Inflation (CPI %) | 2.27% | 2.61% | +0.34pp |
| Unemployment Rate (%) | 4.90% | 5.00% | +0.10pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $48.17 billion
- GDP per Capita
- $4,805.75
- GDP Growth (Annual %)
- 2.50%
- Gross National Income
- $46.32 billion
Prices & Employment
- Inflation (CPI %)
- 2.61%
- Inflation (GDP Deflator %)
- -0.24%
- Unemployment Rate (%)
- 5.00%
- Interest Rate (Real %)
- 17.56%
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)
- 8.70%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Azerbaijan's Gross Domestic Product (GDP) is $48.17 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Azerbaijan for 2019 is $4,805.75. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Azerbaijan for 2019 is 2.61%. This measures the annual percentage change in the cost of consumer goods and services.
Azerbaijan's annual GDP growth rate for 2019 is 2.50%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Azerbaijan for 2019 is 5.00%. This represents the percentage of the labor force that is unemployed and actively seeking employment.