The Gross Domestic Product per capita in Azerbaijan was last recorded at 5871.13 US dollars in 2024. The GDP per Capita in Azerbaijan is equivalent to 46 percent of the world's average. This dataset provides - Azerbaijan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) per capita in Azerbaijan was estimated at about 7.25 thousand U.S. dollars in 2024. Between 1992 and 2024, the GDP per capita rose by approximately 7.09 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 1.91 thousand U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Azerbaijan GDP Per Capita

• Azerbaijan Gross Domestic Product (GDP) per Capita reached 7,283.800 USD in Dec 2024, compared with 7,133.000 USD in Dec 2023.
• Azerbaijan GDP Per Capita data is updated yearly, available from Dec 1990 to Dec 2024, with an average number of 3,841.700 USD.
• The data reached an all-time high of 7,990.800 USD in Dec 2014 and a record low of 98.300 in Dec 1991.

Related information about Azerbaijan GDP Per Capita data

• In the latest reports, Azerbaijan GDP expanded 4.905 % YoY in Sep 2024.
• Azerbaijan Nominal GDP reached 20.960 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 21.660 % in Dec 2022.
• Gross Savings Rate of Azerbaijan was measured at 29.940 % in Sep 2024.

The Gross Domestic Product per capita in Azerbaijan was last recorded at 22072.11 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Azerbaijan, when adjusted by Purchasing Power Parity is equivalent to 124 percent of the world's average. This dataset provides the latest reported value for - Azerbaijan GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Constant GDP per capita for Azerbaijan (NYGDPPCAPKDAZE) from 1990 to 2024 about Azerbaijan, per capita, real, and GDP.

Azerbaijan GDP per capita for 2023 was $7,126, a 8.3% decline from 2022.

<ul style='margin-top:20px;'>

<li>Azerbaijan GDP per capita for 2022 was <strong>$7,771</strong>, a <strong>43.69% increase</strong> from 2021.</li>
<li>Azerbaijan GDP per capita for 2021 was <strong>$5,408</strong>, a <strong>27.85% increase</strong> from 2020.</li>
<li>Azerbaijan GDP per capita for 2020 was <strong>$4,230</strong>, a <strong>11.98% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

GDP per capita (current US$) in Azerbaijan was reported at 7284 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Azerbaijan - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The statistic shows gross domestic product (GDP) per capita in the Caucasus countries from 2020 to 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. Caucasus stands for the mountain range between the Black Sea and the Caspian Sea, encompassing areas in Armenia, Azerbaijan, Georgia, and Russia. In 2021, GDP per capita in Armenia amounted to around 4,685.18 U.S. dollars.

GDP per capita, PPP (current international $) in Azerbaijan was reported at 23598 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Azerbaijan - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

GDP per capita growth (annual %) in Azerbaijan was reported at 3.5727 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Azerbaijan - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Azerbaijan GDP per Capita: AZN data was reported at 12,382.500 AZN in 2024. This records an increase from the previous number of 12,126.100 AZN for 2023. Azerbaijan GDP per Capita: AZN data is updated yearly, averaging 3,296.600 AZN from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 13,270.900 AZN in 2022 and a record low of 0.100 AZN in 1991. Azerbaijan GDP per Capita: AZN data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.A010: GDP per Capita.

GDP per capita (constant 2015 US$) in Azerbaijan was reported at 5871 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Azerbaijan - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Historical chart and dataset showing Azerbaijan GDP by year from 1990 to 2023.

GDP per capita (constant LCU) in Azerbaijan was reported at 3204 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Azerbaijan - GDP per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Key information about Azerbaijan Real GDP Growth

• The Gross Domestic Product (GDP) in Azerbaijan expanded 4.9 % YoY in Sep 2024, following a growth of 4.2 % in the previous quarter.
• Real GDP Growth YoY data in Azerbaijan is updated quarterly, available from Mar 2001 to Sep 2024, with an average rate of 4.3 %.
• The data reached an all-time high of 40.4 % in Mar 2006 and a record low of -6.7 % in Sep 2020.

The State Statistical Committee of the Republic of Azerbaijan provides quarterly Real GDP Growth, at 2005 prices.


Related information about Azerbaijan Real GDP Growth

• In the latest reports, Nominal GDP of Azerbaijan reached 21.0 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 21.7 % in Dec 2022.
• GDP Per Capita in Azerbaijan reached 7,283.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 29.9 % in Sep 2024.
• For Nominal GDP contributions, Investment accounted for 20.0 % in Sep 2024.
• Public Consumption accounted for 12.9 % in Sep 2024.
• Private Consumption accounted for 44.4 % in Dec 2022.

GDP per capita, PPP (constant 2017 international $) in Azerbaijan was reported at 22072 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Azerbaijan - GDP per capita, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Azerbaijan Investment: % of GDP

• Azerbaijan Investment accounted for 20.0 % of its Nominal GDP in Sep 2024, compared with a ratio of 19.1 % in the previous quarter.
• Azerbaijan investment share of Nominal GDP data is updated quarterly, available from Mar 2001 to Sep 2024, with an average ratio of 22.4 %.
• The data reached an all-time high of 66.4 % in Dec 2003 and a record low of 7.1 % in Sep 2022.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. The State Statistical Committee of the Republic of Azerbaijan provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about Azerbaijan Investment: % of GDP

• In the latest reports, Azerbaijan GDP expanded 4.9 % YoY in Sep 2024.
• Azerbaijan Nominal GDP reached 21.0 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 21.7 % in Dec 2022.
• Azerbaijan GDP Per Capita reached 7,126.2 USD in Dec 2023.
• Its Gross Savings Rate was measured at 29.9 % in Sep 2024.

Pdb Per Kapita Azerbaijan dilaporkan sebesar 7,283.800 USD pada 2024. Rekor ini naik dibanding sebelumnya yaitu 7,133.000 USD untuk 2023. Data Pdb Per Kapita Azerbaijan diperbarui tahunan, dengan rata-rata 3,841.700 USD dari 1990 sampai 2024, dengan 35 observasi. Data ini mencapai angka tertinggi sebesar 7,990.800 USD pada 2014 dan rekor terendah sebesar 98.300 USD pada 1991. Data Pdb Per Kapita Azerbaijan tetap berstatus aktif di CEIC dan dilaporkan oleh The State Statistical Committee of the Republic of Azerbaijan. Data dikategorikan dalam Azerbaijan Global Database – Table AZ.A010: GDP per Capita.

Azerbaijan GDP: Non Oil data was reported at 75,335.800 AZN mn in 2024. This records an increase from the previous number of 69,482.800 AZN mn for 2023. Azerbaijan GDP: Non Oil data is updated yearly, averaging 26,864.400 AZN mn from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 75,335.800 AZN mn in 2024 and a record low of 3,055.800 AZN mn in 2000. Azerbaijan GDP: Non Oil data remains active status in CEIC and is reported by The State Statistical Committee of the Republic of Azerbaijan. The data is categorized under Global Database’s Azerbaijan – Table AZ.A002: GDP: by Expenditure: Current Price: Annual.

Azerbaijan GDP: GNI per Capita data was reported at 11,598.275 AZN in 2023. This records a decrease from the previous number of 12,324.148 AZN for 2022. Azerbaijan GDP: GNI per Capita data is updated yearly, averaging 2,383.431 AZN from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 12,324.148 AZN in 2022 and a record low of 0.041 AZN in 1990. Azerbaijan GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;