Nominal GDP in billions of USD
Year -
$74.32 billions(2.61%)
In 2024, Azerbaijan witnessed an increase in its Nominal GDP, rising to 74.32 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 255.98 international billion dollars.
Relatedly, in the preceding year of 2023, Azerbaijan has Nominal GDP stood at 72.43 billion dollars, while the GDP based on PPP was 240.16 international billion dollars.
The net change in Azerbaijan's GDP (Nominal) in 2024 increased by 1.89 billion dollars(2.61%), and GDP (PPP) increased by 15.82 international billion dollars(6.59%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | 8.88 | - | - | 38.33 | - | - |
| 1991 | 5.34 | -3.54 | -39.86 % | 39.35 | 1.02 | 2.66 % |
| 1992 | 0.44 | -4.9 | -91.76 % | 31.15 | -8.2 | -20.84 % |
| 1993 | 1.57 | 1.13 | 256.82 % | 24.52 | -6.63 | -21.28 % |
| 1994 | 1.19 | -0.38 | -24.2 % | 20.11 | -4.41 | -17.99 % |
| 1995 | 2.42 | 1.23 | 103.36 % | 18.11 | -2 | -9.95 % |
| 1996 | 3.18 | 0.76 | 31.4 % | 18.68 | 0.57 | 3.15 % |
| 1997 | 3.96 | 0.78 | 24.53 % | 20.11 | 1.43 | 7.66 % |
| 1998 | 4.45 | 0.49 | 12.37 % | 22.37 | 2.26 | 11.24 % |
| 1999 | 4.58 | 0.13 | 2.92 % | 24.36 | 1.99 | 8.9 % |
| 2000 | 5.27 | 0.69 | 15.07 % | 27.68 | 3.32 | 13.63 % |
| 2001 | 5.71 | 0.44 | 8.35 % | 31.11 | 3.43 | 12.39 % |
| 2002 | 6.24 | 0.53 | 9.28 % | 34.57 | 3.46 | 11.12 % |
| 2003 | 7.28 | 1.04 | 16.67 % | 38.85 | 4.28 | 12.38 % |
| 2004 | 8.68 | 1.4 | 19.23 % | 43.59 | 4.74 | 12.2 % |
| 2005 | 13.25 | 4.57 | 52.65 % | 57.53 | 13.94 | 31.98 % |
| 2006 | 20.98 | 7.73 | 58.34 % | 79.74 | 22.21 | 38.61 % |
| 2007 | 33.05 | 12.07 | 57.53 % | 102.75 | 23.01 | 28.86 % |
| 2008 | 48.85 | 15.8 | 47.81 % | 115.82 | 13.07 | 12.72 % |
| 2009 | 44.29 | -4.56 | -9.33 % | 127.46 | 11.64 | 10.05 % |
| 2010 | 52.91 | 8.62 | 19.46 % | 135.19 | 7.73 | 6.06 % |
| 2011 | 65.95 | 13.04 | 24.65 % | 135.8 | 0.61 | 0.45 % |
| 2012 | 69.68 | 3.73 | 5.66 % | 148.68 | 12.88 | 9.48 % |
| 2013 | 74.16 | 4.48 | 6.43 % | 162.61 | 13.93 | 9.37 % |
| 2014 | 75.24 | 1.08 | 1.46 % | 167.47 | 4.86 | 2.99 % |
| 2015 | 53.08 | -22.16 | -29.45 % | 145.47 | -22 | -13.14 % |
| 2016 | 37.87 | -15.21 | -28.65 % | 141.84 | -3.63 | -2.5 % |
| 2017 | 40.87 | 3 | 7.92 % | 141.07 | -0.77 | -0.54 % |
| 2018 | 47.11 | 6.24 | 15.27 % | 151.91 | 10.84 | 7.68 % |
| 2019 | 48.17 | 1.06 | 2.25 % | 167.16 | 15.25 | 10.04 % |
| 2020 | 42.69 | -5.48 | -11.38 % | 153.05 | -14.11 | -8.44 % |
| 2021 | 54.83 | 12.14 | 28.44 % | 203.88 | 50.83 | 33.21 % |
| 2022 | 78.81 | 23.98 | 43.74 % | 228.72 | 24.84 | 12.18 % |
| 2023 | 72.43 | -6.38 | -8.1 % | 240.16 | 11.44 | 5 % |
| 2024 | 74.32 | 1.89 | 2.61 % | 255.98 | 15.82 | 6.59 % |