Flag of az

Azerbaijan GDP per Capita

Azerbaijan's GDP per capita rose to $5,871.13 in 2024, up from $5,668.61 in 2023, according to World Bank. This represents an increase of 3.6% ($202.52) from the previous year. Azerbaijan has GDP per capita lower than the global median ($5,871 vs median $6,791). Compared with the median in Asia, Azerbaijan is higher ($5,871 vs regional median $5,378) and ranks 21st out of 47 countries in Asia.

Azerbaijan's GDP rose to $74.32 billion in 2024, up from $72.43 billion in 2023.

Yearly Historical Data (1990-2024)

(in USD)
Year GDP per Capita (USD)
2024 5,871.13
2023 5,668.61
2022 5,599.59
2021 5,349.58
2020 5,087.5
2019 5,346.95
2018 5,261.93
2017 5,229.25
2016 5,272.72
2015 5,500.5
2014 5,508.6
2013 5,426
2012 5,193.18
2011 5,149.21
2010 5,300.11
2009 5,118.43
2008 4,778.12
2007 4,412.2
2006 3,556.83
2005 2,674.37
2004 2,111.45
2003 1,949.61
2002 1,782.47
2001 1,640.94
2000 1,504.73
1999 1,365.57
1998 1,282.68
1997 1,177.2
1996 1,123.45
1995 1,120.31
1994 1,284.96
1993 1,621.92
1992 2,141.34
1991 2,808.73
1990 2,866.41
Azerbaijan GDP per Capita : Definition
GDP per Capita measures total economic output for Azerbaijan divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $74.32B $72.43B 2024
GDP Annual Growth Rate 4.07% 1.35% 2024
GDP per Capita PPP $22,072.11 $21,310.74 2024
R&D Expenditure (% GDP) 0.18% 0.15% 2023
Real GDP $59.9B $57.56B 2024