Azerbaijan: GDP, current U.S. dollars

The latest value from 2024 is 74.32 billion U.S. dollars, an increase from 72.43 billion U.S. dollars in 2023. In comparison, the world average is 600.18 billion U.S. dollars, based on data from 183 countries. Historically, the average for Azerbaijan from 1990 to 2024 is 31.94 billion U.S. dollars. The minimum value, 0.44 billion U.S. dollars, was reached in 1992 while the maximum of 78.81 billion U.S. dollars was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.