Azerbaijan

Europe & Central Asia · Upper middle income · Capital: Baku

$7,284GDP per capita · 2024

Long-run GDP per capita

Real GDP per capita in 2011 international dollars, 1973–2022. Maddison Project Database 2023.

Economic events

Crises and shocks, also marked on the chart above.

Demographics

Life expectancy

74.6 · 2024

World Bank · CC BY 4.0

Population

10.2M · 2024

World Bank · CC BY 4.0

Population growth

0.5% · 2024

World Bank · CC BY 4.0

Urban population

58.6% · 2024

World Bank · CC BY 4.0

Environment

CO₂ per capita

3.8 · 2024

World Bank · CC BY 4.0

External

Current account balance

6.3% · 2024

World Bank · CC BY 4.0

Current account balance (IMF)

5.5% · 2025

IMF · IMF terms

Government

Central government debt

6.4% · 2010

World Bank · CC BY 4.0

Government gross debt

20.1% · 2025

IMF · IMF terms

Labour

Unemployment

5.5% · 2025

World Bank · CC BY 4.0

Unemployment rate (IMF)

5.3% · 2025

IMF · IMF terms

Output & growth

GDP

$74.3B · 2024

World Bank · CC BY 4.0

GDP (IMF)

$75.9B · 2025

IMF · IMF terms

GDP (PPP)

Int’l$ 267.5B · 2025

IMF · IMF terms

GDP growth

4.1% · 2024

World Bank · CC BY 4.0

GDP per capita

$7,284 · 2024

World Bank · CC BY 4.0

GDP per capita (IMF)

$7,322 · 2025

IMF · IMF terms

GNI per capita

$7,330 · 2024

World Bank · CC BY 4.0

Real GDP growth

1.4% · 2025

IMF · IMF terms

Prices

Inflation (CPI)

2.2% · 2024

World Bank · CC BY 4.0

Inflation (avg CPI)

5.6% · 2025

IMF · IMF terms

Society

Income inequality (Gini)

26.6 · 2005

World Bank · CC BY 4.0

Internet users

90.8% · 2025

World Bank · CC BY 4.0

Trade

Exports

45.9% · 2024

World Bank · CC BY 4.0

Imports

36.8% · 2024

World Bank · CC BY 4.0

Trade

82.7% · 2024

World Bank · CC BY 4.0