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Azerbaijan

72 series · 1800–2025 · Upper middle income · Europe & Central Asia

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1987–2025128,903 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1990–202575,825 (2025)
Real GDPMillions of local currencyrGDP1980–202562,315 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1980–20256,083 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1980–202560,821 (2025)
DeflatorIndex, 2015 = 100deflator1987–2025206.9 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1980–20255,937 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1990–202596,001 (2025)
Total consumption (% of GDP)Percent of GDPcons_GDP1990–202574.5 (2025)
Total consumption (USD)Millions of US dollarscons_USD1990–202556,471 (2025)
Household consumptionMillions of local currencyhcons1990–202575,822 (2025)
Household consumption (% of GDP)Percent of GDPhcons_GDP1990–202558.8 (2025)
Household consumption (USD)Millions of US dollarshcons_USD1990–202544,601 (2025)
Government consumptionMillions of local currencygcons1990–202520,186 (2025)
Government consumption (% of GDP)Percent of GDPgcons_GDP1990–202515.7 (2025)
Government consumption (USD)Millions of US dollarsgcons_USD1990–202511,874 (2025)
Gross capital formationMillions of local currencyinv1990–202524,797 (2025)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1990–202519.2 (2025)
Gross capital formation (USD)Millions of US dollarsinv_USD1990–202514,586 (2025)
Gross fixed capital formationMillions of local currencyfinv1990–202520,032 (2025)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1990–202515.5 (2025)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1990–202511,784 (2025)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1990–202555,539 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1990–202543.1 (2025)
Exports (USD)Millions of US dollarsexports_USD1990–202532,670 (2025)
ImportsMillions of local currencyimports1990–202547,908 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1990–202537.2 (2025)
Imports (USD)Millions of US dollarsimports_USD1990–202528,181 (2025)
Current accountMillions of local currencyCA1991–20255,899 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1991–20254.58 (2025)
USD exchange rateLocal currency per US dollarUSDfx1990–20251.70 (2025)
Real effective exchange rateIndex, 2015 = 100REER1989–202384.4 (2023)
Current account (USD)Millions of US dollarsCA_USD1991–20253,470 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1994–202544,586 (2025)
General government expenditureMillions of local currencygen_govexp1994–202544,586 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1994–202534.6 (2025)
Central government expenditureMillions of local currencycgovexp2008–202426,999 (2024)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP2008–202421.4 (2024)
Government revenueMillions of local currencygovrev1994–202547,884 (2025)
General government revenueMillions of local currencygen_govrev1994–202547,884 (2025)
Central government revenueMillions of local currencycgovrev2008–202440,628 (2024)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1994–202537.1 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP2008–202432.2 (2024)
Government tax revenueMillions of local currencygovtax2000–202422,155 (2024)
General government tax revenueMillions of local currencygen_govtax2000–202422,155 (2024)
Central government tax revenueMillions of local currencycgovtax2008–202421,891 (2024)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP2000–202417.5 (2024)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP2008–202417.3 (2024)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1994–20252.56 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1994–20252.56 (2025)
General government deficitMillions of local currencygen_govdef1994–20253,298 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP2008–20242.95 (2024)
Central government deficitMillions of local currencycgovdef2008–20243,727 (2024)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1993–202520.1 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1993–202520.1 (2025)
General government debtMillions of local currencygen_govdebt1993–202525,949 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1994–202420.9 (2024)
Central government debtMillions of local currencycgovdebt1994–202426,342 (2024)
Government debtMillions of local currencygovdebt1993–202525,949 (2025)
Government deficitMillions of local currencygovdef1994–20253,298 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1994–202534.6 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1994–202537.1 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP2000–202417.5 (2024)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1997–201714.3 (2017)
Central bank policy ratePercentcbrate1992–20256.75 (2025)
M0 (monetary base)Millions of local currencyM02000–202524,718 (2025)
M1Millions of local currencyM12000–202532,183 (2025)
M3Millions of local currencyM32000–202549,860 (2025)

Prices and labor markets

VariableCodeCoverageLatest
Consumer price indexIndex, 2015 = 100CPI1990–2025195.3 (2025)
InflationPercentinfl1991–20255.60 (2025)
PopulationMillions of peoplepop1800–202510.2 (2025)
Unemployment ratePercentunemp1991–20255.33 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →