Indicators of economy in Azerbaijan

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.160 US Dollar per capita. The GDP in Azerbaijan reached 4.794 US Dollar per capita. The gross national product has been at 4.480 US Dollar per capita.

Inflation in Azerbaijan was in 2019 at around 2.61%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 54.70% lower.
The Corruption Perceptions Index for the public sector counts 30 and is compared to other countries very bad.


Back to overview: Azerbaijan

Unemployment rates in percent 1991 - 2019

Unemployment rates Azerbaijan

Economic performance 2019

 Azerbaijan
Total		Azerbaijan
per capita		EU
Total		EU
per capita
GDP48.05 bn USD4,793.59 USD15,592.80 tn USD30,315.74 USD
Gross national product44.87 bn USD4,476.93 USD15,985.73 tn USD31,079.69 USD


Development of the Gross domestic product in billion US Dollar 1990 - 2019


GDP Azerbaijan
› Development of inflation
› Corruption in Azerbaijan
› Cost of living in a global comparison

Im- and Exports 2019

 Azerbaijan
Total		Azerbaijan
per capita		EU
Total		EU
per capita
Exports23.63 bn USD2,357.48 USD8,590.51 bn USD16,701.80 USD
Imports17.71 bn USD1,767.13 USD8,032.20 bn USD15,616.32 USD


Development of imports and exports in billion US dollars 1995 - 2019


Exports
Imports