Azerbaijan 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$78.81 billion
↑ 43.74% vs 2021GDP per Capita
$7,770.59
↑ 43.69% vs 2021GDP Growth (Annual %)
4.71%
↓ 0.90pp vs 2021Inflation Rate (CPI %)
13.85%
↑ 7.20pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $54.83 billion | $78.81 billion | +43.74% |
| GDP per Capita | $5,408.05 | $7,770.59 | +43.69% |
| GDP Growth (Annual %) | 5.62% | 4.71% | -0.90pp |
| Inflation (CPI %) | 6.65% | 13.85% | +7.20pp |
| Unemployment Rate (%) | 6.04% | 5.65% | -0.39pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $78.81 billion
- GDP per Capita
- $7,770.59
- GDP Growth (Annual %)
- 4.71%
- Gross National Income
- $73.52 billion
Prices & Employment
- Inflation (CPI %)
- 13.85%
- Inflation (GDP Deflator %)
- 37.27%
- Unemployment Rate (%)
- 5.65%
- Interest Rate (Real %)
- -16.52%
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)
- 29.79%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, Azerbaijan's Gross Domestic Product (GDP) is $78.81 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Azerbaijan for 2022 is $7,770.59. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Azerbaijan for 2022 is 13.85%. This measures the annual percentage change in the cost of consumer goods and services.
Azerbaijan's annual GDP growth rate for 2022 is 4.71%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Azerbaijan for 2022 is 5.65%. This represents the percentage of the labor force that is unemployed and actively seeking employment.