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Azerbaijan GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Azerbaijan is $78.37 billion ($78,372,000,000) as of 2026, according to the International Monetary Fund (IMF).
The GDP growth rate in 2026 is 2.2%, according to the International Monetary Fund (IMF).
GDP per Capita in Azerbaijan (with a population of 10,454,855 people) is $7,467 in 2026, an increase of $145 from $7,322 in 2025; this represents a change of 2.0% in GDP per capita.

GDP Change (%)

Gross Domestic Product (GDP) of Azerbaijan

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026 $78,372,000,000 2.2% $7,467 0.55%
2025 $75,938,000,000 1.4% $7,322 0.59%
2024 $74,426,000,000 4.2% $7,262 0.18%
2023 $72,428,000,000 1.4% $7,152 0.22%
2022 $78,807,000,000 4.7% $7,831 0.6%
2021 $54,825,000,000 5.6% $5,468 0.52%
2020 $42,693,000,000 −4.2% $4,280 0.7%
2019 $48,174,000,000 2.5% $4,841 0.7%
2018 $47,113,000,000 1.5% $4,760 0.71%
2017 $41,375,000,000 0.2% $4,218 1.01%
2016 $37,830,000,000 −3.1% $3,898 1.19%
2015 $52,997,000,000 1.1% $5,525 1.26%
2014 $75,235,000,000 2.8% $7,939 1.33%
2013 $74,164,000,000 5.8% $7,927 1.37%
2012 $69,684,000,000 2.2% $7,546 1.3%
2011 $65,952,000,000 0.1% $7,239 1.19%
2010 $52,909,000,000 5.0% $5,881 1.11%
2009 $44,297,000,000 9.3% $4,965 1.16%
2008 $48,852,000,000 10.8% $5,564 1.3%
2007 $33,050,000,000 25.0% $3,814 1.34%
2006 $20,983,000,000 34.5% $2,453 1.33%
2005 $13,239,000,000 26.4% $1,567 1.26%
2004 $8,682,000,000 9.3% $1,040 1.06%
2003 $7,276,000,000 10.2% $880 0.89%
2002 $6,232,000,000 9.4% $761 0.9%
2001 $5,475,000,000 9.9% $675 0.94%
2000 $5,273,000,000 6.2% $656 0.92%
1999 $4,581,000,000 11.4% $576 0.93%
1998 $4,280,000,000 6.0% $543 1.13%
1997 $4,317,000,000 8.9% $553 1.34%
1996 $3,177,000,000 2.5% $411 1.45%
1995 $2,417,000,000 −13.0% $316 1.45%
1994 $2,258,000,000 −19.7% $297 1.4%
1993 $1,309,000,000 −23.1% $175 1.33%
1992 $1,193,000,000 $160 1.25%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2026 $281,296,000,000 $26,800 3.9% 0.55%
2025 $267,531,000,000 $25,795 3% 0.59%
2024 $256,560,000,000 $25,034 5.5% 0.18%
2023 $240,355,000,000 $23,734 4.4% 0.22%
2022 $228,681,000,000 $22,724 11.7% 0.6%
2021 $203,884,000,000 $20,335 32.5% 0.52%
2020 $153,048,000,000 $15,345 −8.7% 0.7%
2019 $167,158,000,000 $16,798 9.5% 0.7%
2018 $151,910,000,000 $15,347 6.7% 0.71%
2017 $141,070,000,000 $14,380 0.9% 1.01%
2016 $138,375,000,000 $14,258 −3.3% 1.19%
2015 $141,405,000,000 $14,740 0.8% 1.26%
2014 $138,608,000,000 $14,626 3.2% 1.33%
2013 $132,566,000,000 $14,169 6.2% 1.37%
2012 $123,152,000,000 $13,335 2.7% 1.3%
2011 $118,295,000,000 $12,984 0.9% 1.19%
2010 $115,787,000,000 $12,869 5.4% 1.11%
2009 $108,950,000,000 $12,211 8.2% 1.16%
2008 $99,105,000,000 $11,288 11.4% 1.3%
2007 $87,778,000,000 $10,129 26.7% 1.34%
2006 $68,370,000,000 $7,994 36.9% 1.33%
2005 $49,324,000,000 $5,839 28.8% 1.26%
2004 $37,836,000,000 $4,532 11.1% 1.06%
2003 $33,724,000,000 $4,078 11.3% 0.89%
2002 $30,008,000,000 $3,663 10.1% 0.9%
2001 $27,000,000,000 $3,328 11.2% 0.94%
2000 $24,027,000,000 $2,991 7.6% 0.92%
1999 $22,118,000,000 $2,781 11.9% 0.93%
1998 $19,578,000,000 $2,486 6.2% 1.13%
1997 $18,263,000,000 $2,342 9.7% 1.34%
1996 $16,489,000,000 $2,134 3.3% 1.45%
1995 $15,793,000,000 $2,066 −11.7% 1.45%
1994 $17,785,000,000 $2,341 −19.1% 1.4%
1993 $21,678,000,000 $2,895 −21.6% 1.33%
1992 $27,537,000,000 $3,692 1.25%
Year GDP Nominal (Current USD) GDP Real (Constant, Inflation Adjusted) Pop. Change
2024 $74,315,882,353 $59,902,281,352 0.18%
2023 $72,428,470,588 $57,558,829,938 0.22%
2022 $78,807,470,588 $56,789,627,317 0.6%
2021 $54,825,411,765 $54,232,727,552 0.52%
2020 $42,693,000,000 $51,348,755,378 0.7%
2019 $48,174,235,294 $53,599,371,993 0.7%
2018 $47,112,470,052 $52,302,373,072 0.71%
2017 $40,866,627,352 $51,529,227,661 1.01%
2016 $37,866,996,883 $51,450,192,629 1.19%
2015 $53,076,235,355 $53,076,235,355 1.26%
2014 $75,239,785,452 $52,524,961,529 1.33%
2013 $74,160,560,124 $51,095,520,685 1.37%
2012 $69,679,944,504 $48,274,633,161 1.3%
2011 $65,952,796,428 $47,234,094,854 1.19%
2010 $52,909,294,792 $47,988,960,054 1.11%
2009 $44,292,427,185 $45,795,872,339 1.16%
2008 $48,851,293,785 $41,872,616,382 1.3%
2007 $33,049,419,431 $37,862,439,811 1.34%
2006 $20,981,929,498 $30,178,119,967 1.33%
2005 $13,245,421,881 $22,442,902,280 1.26%
2004 $8,680,405,741 $17,538,787,529 1.06%
2003 $7,276,413,079 $16,053,251,526 0.89%
2002 $6,236,087,738 $14,566,281,781 0.9%
2001 $5,707,616,204 $13,309,965,292 0.94%
2000 $5,272,615,723 $12,110,978,462 0.92%
1999 $4,581,248,567 $10,900,970,797 0.93%
1998 $4,446,368,571 $10,149,879,576 1.13%
1997 $3,962,362,387 $9,227,163,284 1.34%
1996 $3,176,507,376 $8,721,326,343 1.45%
1995 $2,417,331,193 $8,609,404,140 1.45%
1994 $1,193,141,110 $9,761,229,085 1.4%
1993 $1,570,392,598 $12,155,951,726 1.33%
1992 $444,658,672 $15,807,479,224 1.25%
1991 $5,344,000,000 $20,423,099,859 1.15%
1990 $8,884,848,485 $20,567,069,381 0.89%

Azerbaijan GDP Projections (IMF)

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2027 $83,060,000,000 2.5% $7,820 0.52%
2028 $88,175,000,000 2.5% $8,203 0.51%
2029 $93,718,000,000 2.5% $8,615 0.49%
2030 $99,600,000,000 2.5% $9,047 0.48%
2031 $105,923,000,000 2.5% $9,507 0.46%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2027 $294,598,000,000 $27,735 −2.8% 0.52%
2028 $306,821,000,000 $28,543 −3% 0.51%
2029 $319,986,000,000 $29,415 −3% 0.49%
2030 $334,007,000,000 $30,339 −3% 0.48%
2031 $348,632,000,000 $31,292 0.46%

Sources:

IMF, World Economic Outlook (April 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