Azerbaijan: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 29.1 billion Azerbaijanian Manat as of Q1 2024, a decline compared to the previous value of 31.52 billion Azerbaijanian Manat. Historically, the average for Azerbaijan from Q1 2001 to Q1 2024 is 13.2 billion Azerbaijanian Manat. The minimum of 1.09 billion Azerbaijanian Manat was recorded in Q1 2001, while the maximum of 35.44 billion Azerbaijanian Manat was reached in Q4 2022.
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* indicates monthly or quarterly data series
- Measure: billion Azerbaijanian Manat
- Source: The State Statistical Committee of the Republic of Azerbaijan
| Recent values | Azerbaijan: GDP, billion currency units |
|---|---|
| 2024 Q1 | 29.1 |
| 2023 Q4 | 31.52 |
| 2023 Q3 | 31.08 |
| 2023 Q2 | 30.05 |
| 2023 Q1 | 30.36 |
| 2022 Q4 | 35.44 |
| 2022 Q3 | 35.21 |
| 2022 Q2 | 33.44 |
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Definition: The Gross Domestic Product (GDP) is the sum of the 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. The data are in billion local currency units using current prices.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 1.12 | 2023 | percent |
| GDP, constant dollars | 57.4 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 72.36 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 7,155.08 | 2023 | U.S. dollars |
| GDP per capita, PPP | 21,349 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 5,674.48 | 2023 | U.S. dollars |
| Economic growth, quarterly | 1.70 | Q3/2023 | percent |
| Gross Domestic Product (GDP) | 31.08 | Q3/2023 | billion |