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Azerbaijan Economic Indicators

Latest economic indicators and statistics for Azerbaijan.

Indicator Current Value Previous Value Frequency Period
GDP $74.32B $72.43B Yearly 2024
GDP Annual Growth Rate 4.07% 1.35% Yearly 2024
GDP per Capita $5,871.13 $5,668.61 Yearly 2024
GDP per Capita PPP $22,072.11 $21,310.74 Yearly 2024
R&D Expenditure (% GDP) 0.18% 0.15% Yearly 2023
Real GDP $59.9B $57.56B Yearly 2024
Annual Inflation Rate 2.21% 8.79% Yearly 2024
Annual Unemployment Rate 5.59% 5.64% Yearly 2024
Female Labor Force Rate 60.35% 60.95% Yearly 2024
Annual Exports $26.55B $33.9B Yearly 2024
Annual Imports $21.05B $17.28B Yearly 2024
Exports (% GDP) 45.9% 49% Yearly 2024
FDI Inflows (% GDP) 0.31% 0.35% Yearly 2024
Imports (% GDP) 36.79% 34.54% Yearly 2024
Net Trade (Goods & Services, BoP) $6.77B $10.47B Yearly 2024
Tariff Rate 8.89% 9.26% Yearly 2022
Trade (% GDP) 82.69% 83.54% Yearly 2024
Interest Rate 7% 7% Daily Oct 22, 2025
Private Credit (% GDP) 26.39% 23.13% Yearly 2024
Adult Literacy Rate 100% 100% Yearly 2023
Happiness Index 4.88 points 4.89 points Yearly 2024
Homicide Rate 1.91 2.24 Yearly 2021
Population 10.2M 10.15M Yearly 2024
Primary Enrollment Rate 101.98% 99.81% Yearly 2023
Agricultural Land (%) 57.84% 57.84% Yearly 2022
Annual CO2 Emissions 43.94M tonnes 40.39M tonnes Yearly 2023
Forest Area (%) 13.97% 13.83% Yearly 2022
Corruption Control -1.2 points -1.04 points Yearly 2023
Political stability index -0.73 points -0.92 points Yearly 2023
Infant Mortality Rate 13.3 14.1 Yearly 2023
Life Expectancy 74.43 74.12 Yearly 2023
Physicians per 1,000 people 3.09 3.11 Yearly 2020
Electricity Access 100% 100% Yearly 2023
Internet Users 89% 88% Yearly 2023
Travel Earnings $340M $2B Yearly 2020
Visitor Arrivals 796,000 3.17M Yearly 2020