Azerbaijan GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Azerbaijan is $89.18 billion ($89,181,000,000) as of 2026, according to the International Monetary Fund (IMF). #87 in the world
The GDP growth rate in 2026 is 1.7%, according to the International Monetary Fund (IMF).
GDP per Capita in Azerbaijan (with a population of 10,454,855 people) is $8,497 in 2026, an increase of $1,175 from $7,322 in 2025; this represents a change of 16.0% in GDP per capita. #123 in the world

GDP Change (%)

Gross Domestic Product (GDP) of Azerbaijan

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2026$89,181,000,0001.7%$8,497+0.55%
2025$75,938,000,0001.4%$7,322+0.59%
2024$74,426,000,0004.2%$7,262+0.18%
2023$72,428,000,0001.4%$7,152+0.22%
2022$78,807,000,0004.7%$7,831+0.60%
2021$54,825,000,0005.6%$5,468+0.52%
2020$42,693,000,000−4.2%$4,280+0.70%
2019$48,174,000,0002.5%$4,841+0.70%
2018$47,113,000,0001.5%$4,760+0.71%
2017$41,375,000,0000.2%$4,218+1.01%
2016$37,830,000,000−3.1%$3,898+1.19%
2015$52,997,000,0001.1%$5,525+1.26%
2014$75,235,000,0002.8%$7,939+1.33%
2013$74,164,000,0005.8%$7,927+1.37%
2012$69,684,000,0002.2%$7,546+1.30%
2011$65,952,000,0000.1%$7,239+1.19%
2010$52,909,000,0005.0%$5,881+1.11%
2009$44,297,000,0009.3%$4,965+1.16%
2008$48,852,000,00010.8%$5,564+1.29%
2007$33,050,000,00025.0%$3,814+1.34%
2006$20,983,000,00034.5%$2,453+1.33%
2005$13,239,000,00026.4%$1,567+1.26%
2004$8,682,000,0009.3%$1,040+1.06%
2003$7,276,000,00010.2%$880+0.89%
2002$6,232,000,0009.4%$761+0.90%
2001$5,475,000,0009.9%$675+0.94%
2000$5,273,000,0006.2%$656+0.92%
1999$4,581,000,00011.4%$576+0.93%
1998$4,280,000,0006.0%$543+1.13%
1997$4,317,000,0008.9%$553+1.34%
1996$3,177,000,0002.5%$411+1.45%
1995$2,417,000,000−13.0%$316+1.45%
1994$2,258,000,000−19.7%$297+1.40%
1993$1,309,000,000−23.1%$175+1.33%
1992$1,193,000,000$160+1.25%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2026$281,143,000,000$26,7863.9%+0.55%
2025$267,404,000,000$25,7822.8%+0.59%
2024$256,948,000,000$25,0715.6%+0.18%
2023$240,533,000,000$23,7514.5%+0.22%
2022$228,743,000,000$22,73011.8%+0.60%
2021$203,884,000,000$20,33532.5%+0.52%
2020$153,048,000,000$15,345−8.7%+0.70%
2019$167,158,000,000$16,7989.5%+0.70%
2018$151,910,000,000$15,3476.7%+0.71%
2017$141,070,000,000$14,3800.9%+1.01%
2016$138,375,000,000$14,258−3.3%+1.19%
2015$141,405,000,000$14,7400.8%+1.26%
2014$138,608,000,000$14,6263.2%+1.33%
2013$132,566,000,000$14,1696.2%+1.37%
2012$123,152,000,000$13,3352.7%+1.30%
2011$118,295,000,000$12,9840.9%+1.19%
2010$115,787,000,000$12,8695.4%+1.11%
2009$108,950,000,000$12,2118.2%+1.16%
2008$99,105,000,000$11,28811.4%+1.29%
2007$87,778,000,000$10,12926.7%+1.34%
2006$68,370,000,000$7,99436.9%+1.33%
2005$49,324,000,000$5,83928.8%+1.26%
2004$37,836,000,000$4,53211.1%+1.06%
2003$33,724,000,000$4,07811.3%+0.89%
2002$30,008,000,000$3,66310.1%+0.90%
2001$27,000,000,000$3,32811.2%+0.94%
2000$24,027,000,000$2,9917.6%+0.92%
1999$22,118,000,000$2,78111.9%+0.93%
1998$19,578,000,000$2,4866.2%+1.13%
1997$18,263,000,000$2,3429.7%+1.34%
1996$16,489,000,000$2,1343.3%+1.45%
1995$15,793,000,000$2,066−11.7%+1.45%
1994$17,785,000,000$2,341−19.1%+1.40%
1993$21,678,000,000$2,895−21.6%+1.33%
1992$27,537,000,000$3,692–+1.25%
YearGDP Nominal (Current USD)GDP Real (Constant, Inflation Adjusted)Pop. Change
2025$75,937,647,059$60,821,385,330+0.59%
2024$74,426,000,000$59,952,165,318+0.18%
2023$72,428,470,588$57,558,830,023+0.22%
2022$78,807,470,588$56,789,627,304+0.60%
2021$54,825,411,765$54,232,727,564+0.52%
2020$42,693,000,000$51,348,755,387+0.70%
2019$48,174,235,294$53,599,371,925+0.70%
2018$47,112,470,052$52,302,373,079+0.71%
2017$40,866,627,352$51,529,227,685+1.01%
2016$37,866,996,883$51,450,192,646+1.19%
2015$53,076,235,355$53,076,235,355+1.26%
2014$75,239,785,452$52,524,961,506+1.33%
2013$74,160,560,124$51,095,520,771+1.37%
2012$69,679,944,504$48,274,633,178+1.30%
2011$65,952,796,428$47,234,094,919+1.19%
2010$52,909,294,792$47,988,959,989+1.11%
2009$44,292,427,185$45,795,872,374+1.16%
2008$48,851,293,785$41,872,616,483+1.29%
2007$33,049,419,431$37,862,439,845+1.34%
2006$20,981,929,498$30,178,120,037+1.33%
2005$13,245,421,881$22,442,902,288+1.26%
2004$8,680,405,741$17,538,787,530+1.06%
2003$7,276,413,079$16,053,251,458+0.89%
2002$6,236,087,738$14,566,281,800+0.90%
2001$5,707,616,204$13,309,965,318+0.94%
2000$5,272,615,723$12,110,978,466+0.92%
1999$4,581,248,567$10,900,970,801+0.93%
1998$4,446,368,571$10,149,879,580+1.13%
1997$3,962,362,387$9,227,163,287+1.34%
1996$3,176,507,376$8,721,326,346+1.45%
1995$2,417,331,193$8,609,404,144+1.45%
1994$1,193,141,110$9,761,229,089+1.40%
1993$1,570,392,598$12,155,951,731+1.33%
1992$444,658,672$15,807,479,230+1.25%
1991$5,344,000,000$20,423,099,867+1.15%
1990$8,884,848,485$20,567,069,389+0.89%

Azerbaijan GDP Projections (IMF)

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2027$91,783,000,0002.3%$8,641+0.52%
2028$94,203,000,0002.5%$8,763+0.51%
2029$98,357,000,0002.5%$9,041+0.49%
2030$103,290,000,0002.5%$9,382+0.48%
2031$108,690,000,0002.5%$9,756+0.46%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2027$296,515,000,000$27,915−3.2%+0.52%
2028$310,077,000,000$28,846−3.1%+0.51%
2029$323,725,000,000$29,758−3.1%+0.49%
2030$337,950,000,000$30,698−3%+0.48%
2031$352,435,000,000$31,634–+0.46%

Sources:

IMF, World Economic Outlook (October 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Azerbaijan