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Azerbaijan: Nominal GDP

Millions of local currency · 1987–2025 · 39 observations · forecasts to 2031 · nGDP

2025
129 billionlocal currency
Change on 2024
+2.0%year on year
Average growth, 2015–2025
+9.0%a year
In US dollars, 2025
$75.8 billionUS dollars

Nominal GDP

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100k10M1B100B19902000201020202030AzerbaijanAzerbaijan
ForecastLocal currency

Compare with other countries →Definition of Nominal GDP

Recent values

Millions of local currency

YearValue
2031179,803Forecast
2030169,069Forecast
2029159,084Forecast
2028149,676Forecast
2027140,992Forecast
2026133,036Forecast
2025128,903
2024126,337
2023123,128
2022133,973
202193,203
202072,578
201982,896
201881,092
201770,338
201660,425

Sources

  • WDI (archive)1987–1997
  • Penn World Table1990–2019
  • FAO1990–2023
  • IMF Global Debt Database1990–2024
  • United Nations1990–2024
  • World Development Indicators1990–2025
  • IMF World Economic Outlook1992–2024
  • Asian Development Bank (archive)2000–2023
  • Asian Development Bank2000–2024
  • IMF International Financial Statistics2001–2025
  • IMF WEO (forecast)2024–2031

Compare these sources →

Azerbaijan documentation (PDF)

More for Azerbaijan

Real GDP per capita (USD)Real GDPInflationUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 72 series →

Nominal GDP elsewhere

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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 →

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