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Economy · Europe & Central Asia · Upper-middle income
Azerbaijan: the economy in numbers
GDP is $75.9bn (2025), 88th of 211 in the world and 34th of 57 in Europe & Central Asia. GDP per capita is $7,411 (2025), 118th of 211 in the world and 52nd of 57 in Europe & Central Asia. GDP per capita, PPP is $26,113 (2025), 88th of 199 in the world and 44th of 53 in Europe & Central Asia.
GDP
Azerbaijan
GDP per capita
AzerbaijanEurope & Central AsiaUpper-middle incomeWorld
13 indicators
Economy: Azerbaijan in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDPGDP, current US$ | $75.9bn2025 | 88/211 | 34/57 | $5.3bn | $52.9bn | $42.7bn | +43%since 2015 | $32.3tn | $33.5tn | $118tn | |
| GDP per capitaGDP per capita, current US$ | $7,4112025 | 118/211 | 52/57 | $655 | $5,844 | $4,230 | +35%since 2015 | $34,603 | $10,890 | $14,406 | |
| GDP per capita, PPPGDP per capita, PPP (current international $) | $26,1132025 | 88/199 | 44/53 | $3,439 | $14,930 | $15,164 | +73%since 2015 | $54,129 | $25,523 | $25,704 | |
| GNI per capitaGNI per capita, Atlas method, US$ | $7,3602025 | 109/201 | 48/53 | $630 | $5,400 | $4,480 | +11%since 2015 | $32,822 | $10,938 | $14,244 | |
| GDP growthGDP growth, annual % | 1.4%2025 | 161/210 | 34/56 | 11.1% | 4.8% | -4.2% | +0.4 ppsince 2015 | 1.7% | 4.2% | 2.9% | |
| GDP per capita growthGDP per capita growth, annual % | 1.0%2025 | 147/210 | 37/56 | 10.2% | 3.5% | -4.9% | +1.2 ppsince 2015 | 1.3% | 3.9% | 2.0% | |
| Agriculture shareAgriculture, forestry and fishing, % of GDP | 5.9%2025 | 101/198 | 14/56 | 16.1% | 5.5% | 6.7% | −0.3 ppsince 2015 | 2.0% | 6.9% | 4.0% | |
| Industry shareIndustry incl. construction, % of GDP | 39.5%2025 | 17/201 | 1/57 | 42.5% | 60.0% | 42.0% | −5.4 ppsince 2015 | 22.7% | 32.7% | 25.0% | |
| Manufacturing shareManufacturing, value added, % of GDP | 6.0%2025 | 144/194 | 47/54 | 5.3% | 4.8% | 6.1% | +1.0 ppsince 2015 | 13.5% | 21.0% | 14.9% | |
| Services shareServices, % of GDP | 45.3%2025 | 168/201 | 56/57 | 35.8% | 28.2% | 42.4% | +4.6 ppsince 2015 | 65.5% | 56.9% | 63.3% | |
| InvestmentGross capital formation, % of GDP | 18.9%2025 | 133/175 | 47/51 | 20.7% | 18.1% | 23.7% | −9.0 ppsince 2015 | 22.9% | 33.7% | 26.3% | |
| SavingsGross savings, % of GDP | 23.5%2025 | 71/163 | 24/49 | 20.0% | 44.7% | 23.6% | −4.7 ppsince 2015 | 24.6% | 33.4% | 26.0% | |
| Resource rentsNatural resources rents, % of GDP | 29.9%2021 | 11/209 | 1/56 | 35.1% | 27.9% | 13.0% | −2.9 ppsince 2011 | 2.2% | 3.8% | 3.1% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- GDP+43%$75.9bn in 2025
- GDP per capita+35%$7,411 in 2025
- GDP per capita, PPP+73%$26,113 in 2025
- GNI per capita+11%$7,360 in 2025
Worse than ten years ago
No rated indicator got worse over the decade.
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Azerbaijan and its neighbours
Countries sharing a land border with Azerbaijan. Latest values since 2005; the highest in each row is marked.
| Indicator | Azerbaijan | Russia | Iran | Türkiye | Georgia | Armenia |
|---|---|---|---|---|---|---|
| GDP | $75.9bn2025 | $2.6tn2025 | $363bn2025 | $1.6tn2025 | $38.1bn2025 | $29.2bn2025 |
| GDP per capita | $7,4112025 | $17,5472025 | $3,9242025 | $18,5992025 | $9,6922025 | $9,4742025 |
| GDP per capita, PPP | $26,1132025 | $49,5682025 | $19,6992025 | $45,2882025 | $29,4142025 | $24,7542025 |
| GNI per capita | $7,3602025 | $15,9602025 | $4,6502025 | $16,3002025 | $8,9902025 | $9,0202025 |
| GDP growth | 1.4%2025 | 1.0%2025 | -2.8%2025 | 3.6%2025 | 7.5%2025 | 7.2%2025 |
| GDP per capita growth | 1.0%2025 | 1.1%2025 | -3.7%2025 | 3.2%2025 | 4.1%2025 | 5.4%2025 |
| Agriculture share | 5.9%2025 | 3.1%2025 | 10.6%2025 | 5.2%2025 | 5.2%2025 | 7.9%2025 |
| Industry share | 39.5%2025 | 29.7%2025 | 39.6%2025 | 24.0%2025 | 18.6%2025 | 23.1%2025 |
| Manufacturing share | 6.0%2025 | 13.7%2025 | 20.6%2024 | 16.8%2024 | 8.0%2025 | 11.0%2025 |