The Gross Domestic Product (GDP) in Azerbaijan was worth 74.32 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Azerbaijan represents 0.07 percent of the world economy. This dataset provides - Azerbaijan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the share of economic sectors in the gross domestic product (GDP) in Azerbaijan from 2013 to 2024. In 2024, the share of agriculture in Azerbaijan's gross domestic product was 5.7 percent, industry contributed approximately 35.9 percent and the services sector contributed about 39.11 percent.

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: Informal economy, MIMIC method: The latest value from 2020 is 54.8 percent, an increase from 53.4 percent in 2019. In comparison, the world average is 32.74 percent, based on data from 158 countries. Historically, the average for Azerbaijan from 1993 to 2020 is 56.49 percent. The minimum value, 53.4 percent, was reached in 2013 while the maximum of 61.2 percent was recorded in 1993.

The Gross Domestic Product (GDP) in Azerbaijan expanded 2.70 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Azerbaijan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan GDP: Growth data was reported at 1.124 % in 2023. This records a decrease from the previous number of 4.715 % for 2022. Azerbaijan GDP: Growth data is updated yearly, averaging 4.715 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 34.500 % in 2006 and a record low of -23.100 % in 1993. Azerbaijan GDP: Growth 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: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Leading Economic Index Azerbaijan increased 1.30 percent in October of 2025 over the same month in the previous year. This dataset provides - Azerbaijan Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The latest data from show economic growth of 2.47 percent, which is an increase from the rate of growth of 0.3 percent in the previous quarter and
a decrease compared to the growth rate of 4.32 percent in the same quarter last year. The economic growth time series for Azerbaijan cover the period...

Azerbaijan GDP per Capita: Year to Date data was reported at 2,922.200 AZN in Mar 2025. This records an increase from the previous number of 1,864.700 AZN for Feb 2025. Azerbaijan GDP per Capita: Year to Date data is updated monthly, averaging 4,498.000 AZN from Sep 2015 (Median) to Mar 2025, with 115 observations. The data reached an all-time high of 13,292.200 AZN in Dec 2022 and a record low of 418.300 AZN in Jan 2016. Azerbaijan GDP per Capita: Year to Date 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.

Exports in Azerbaijan decreased to 6013125.80 USD Thousand in the second quarter of 2025 from 6212869.90 USD Thousand in the first quarter of 2025. This dataset provides the latest reported value for - Azerbaijan Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Monthly and long-term Azerbaijan GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

Azerbaijan: Economic freedom, overall index (0-100): The latest value from 2025 is 63 index points, an increase from 62 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Azerbaijan from 1996 to 2025 is 56 index points. The minimum value, 30 index points, was reached in 1996 while the maximum of 70 index points was recorded in 2021.

The gross domestic product (GDP) in current prices in Azerbaijan was 74.32 billion U.S. dollars in 2024. Between 1992 and 2024, the GDP rose by 73.13 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 26.5 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Azerbaijan Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 23.951 % in 2023. This records an increase from the previous number of 18.839 % for 2022. Azerbaijan Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 23.979 % from Dec 2016 (Median) to 2023, with 8 observations. The data reached an all-time high of 38.615 % in 2016 and a record low of 18.839 % in 2022. Azerbaijan Claims on Other Sectors of The Domestic Economy: % of GDP 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: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.;International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.;Weighted average;

Monthly and long-term Azerbaijan Fiscal Balance data: historical series and analyst forecasts curated by FocusEconomics.

Azerbaijan: Economic decline index, 0 (low) - 10 (high): The latest value from 2024 is 4.5 index points, unchanged from 4.5 index points in 2023. In comparison, the world average is 5.54 index points, based on data from 176 countries. Historically, the average for Azerbaijan from 2007 to 2024 is 4.82 index points. The minimum value, 3.8 index points, was reached in 2016 while the maximum of 6.3 index points was recorded in 2007.

The statistic shows the distribution of employment in Azerbaijan by economic sector from 2013 to 2023. In 2023, 34.49 percent of the employees in Azerbaijan were active in the agricultural sector, 14.8 percent in industry and 49.71 percent in the services sector.

Monthly and long-term Azerbaijan Public Debt data: historical series and analyst forecasts curated by FocusEconomics.

Actual value and historical data chart for Azerbaijan Claims On Other Sectors Of The Domestic Economy Percent Of GDP

Monthly and long-term Azerbaijan Current Account data: historical series and analyst forecasts curated by FocusEconomics.