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Azerbaijan GDP (2026)

Updated · Source: IMF World Economic Outlook, April 2026

Nominal Gross Domestic Product (GDP) of Azerbaijan is $78.37 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 2.2%. GDP per capita is $7,467.

Azerbaijan GDP Trend

Nominal GDP of Azerbaijan has grown from $1.19 billion in 1992 to $78.37 billion in 2026.

$0.0B$19.7B$39.4B$59.1B$78.8B1992199720022007201220172022

Azerbaijan GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Azerbaijan. Hover any bar to see the exact value for that year.

Average Growth
4.63%
Best Year
2006 (+34.5%)
Worst Year
1993 (-23.1%)
Years of Contraction
5 of 34
35.0%0.0%1993199820032008201320182023

GDP per capita in Azerbaijan rose from $7,322 in 2025 to $7,467 in 2026, an increase of 2.0%.

"Azerbaijan GDP", "Azerbaijan gross domestic product", and "Azerbaijan economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Azerbaijan

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Azerbaijan for every year IMF has published data, from 1992 to 2026. Click any column header to sort, or search by year.

Azerbaijan nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026$78,372,000,0002.2%$7,4671.2%
2025$75,938,000,0001.4%$7,3221.2%
2024$74,426,000,0004.2%$7,2621.2%
2023$72,428,000,0001.4%$7,1520.64%
2022$78,807,000,0004.7%$7,8310.37%
2021$54,825,000,0005.6%$5,4680.52%
2020$42,693,000,000-4.2%$4,2800.23%
2019$48,174,000,0002.5%$4,8410.54%
2018$47,113,000,0001.5%$4,7600.9%
2017$41,375,000,0000.2%$4,2181.08%
2016$37,830,000,000-3.1%$3,8981.17%
2015$52,997,000,0001.1%$5,5251.22%
2014$75,235,000,0002.8%$7,9391.29%
2013$74,164,000,0005.8%$7,9271.31%
2012$69,684,000,0002.2%$7,5461.36%
2011$65,952,000,0000.1%$7,2391.27%
2010$52,909,000,0005%$5,8810.84%
2009$44,297,000,0009.3%$4,9651.63%
2008$48,852,000,00010.8%$5,5641.3%
2007$33,050,000,00025%$3,8141.32%
2006$20,983,000,00034.5%$2,4531.25%
2005$13,239,000,00026.4%$1,5671.17%
2004$8,682,000,0009.3%$1,0400.97%
2003$7,276,000,00010.2%$8800.95%
2002$6,232,000,0009.4%$7610.95%
2001$5,475,000,0009.9%$6751.01%
2000$5,273,000,0006.2%$6561.01%
1999$4,581,000,00011.4%$5760.96%
1998$4,280,000,0006%$5430.99%
1997$4,317,000,0008.9%$5540.96%
1996$3,177,000,0002.5%$4111.07%
1995$2,417,000,000-13%$3160.62%
1994$2,258,000,000-19.7%$2971.47%
1993$1,309,000,000-23.1%$1750.38%
1992$1,193,000,000$160

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Azerbaijan GDP Projections (IMF)

IMF projects nominal GDP for Azerbaijan through 2031, based on current growth and inflation assumptions.

Azerbaijan nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2031$105,923,000,0002.5%$9,5071.2%
2030$99,600,000,0002.5%$9,0471.2%
2029$93,718,000,0002.5%$8,6151.2%
2028$88,175,000,0002.5%$8,2031.2%
2027$83,060,000,0002.5%$7,8201.2%

Compare Azerbaijan to Nearby-Ranked Economies

Azerbaijan ranks #91 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#90Bolivia GDP#92Uganda GDP

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Frequently Asked Questions

What is the GDP of Azerbaijan?

The nominal GDP of Azerbaijan in 2026 is $78.37 billion, according to the IMF World Economic Outlook (April 2026). This ranks Azerbaijan 91th in the world by nominal GDP.

What is the GDP growth rate of Azerbaijan?

The GDP growth rate of Azerbaijan in 2026 is 2.2%, per IMF estimates.

What is the GDP per capita of Azerbaijan?

GDP per capita in Azerbaijan in 2026 is $7,467, per IMF data.

Is the GDP of Azerbaijan expected to grow?

IMF projects the nominal GDP of Azerbaijan to reach $105.92 billion by 2031, up from $78.37 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

See also: GDP by Country (all countries) · Full World GDP Ranking Analysis · What is GDP?

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.