Azerbaijan - GDP

GDP (current US$)

The latest value for GDP (current US$) in Azerbaijan was $46,939,530,000 as of 2018. Over the past 28 years, the value for this indicator has fluctuated between $75,244,300,000 in 2014 and $3,052,467,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $8,858,007,000
1991 $8,792,366,000
1992 $4,991,350,000
1993 $3,970,953,000
1994 $3,313,939,000
1995 $3,052,467,000
1996 $3,176,703,000
1997 $3,962,735,000
1998 $4,446,370,000
1999 $4,581,246,000
2000 $5,272,617,000
2001 $5,707,720,000
2002 $6,235,857,000
2003 $7,276,013,000
2004 $8,680,370,000
2005 $13,245,720,000
2006 $20,982,990,000
2007 $33,050,340,000
2008 $48,852,480,000
2009 $44,291,490,000
2010 $52,902,700,000
2011 $65,951,630,000
2012 $69,683,940,000
2013 $74,164,440,000
2014 $75,244,300,000
2015 $53,074,470,000
2016 $37,867,520,000
2017 $40,865,560,000
2018 $46,939,530,000

GDP (current LCU)

The value for GDP (current LCU) in Azerbaijan was 79,797,200,000 as of 2018. As the graph below shows, over the past 28 years this indicator reached a maximum value of 79,797,200,000 in 2018 and a minimum value of 293,200 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 293,200
1991 534,400
1992 4,820,100
1993 31,400,000
1994 374,700,000
1995 2,133,800,000
1996 2,732,600,000
1997 3,158,300,000
1998 3,440,600,000
1999 3,775,100,000
2000 4,718,100,000
2001 5,315,600,000
2002 6,062,500,000
2003 7,146,500,000
2004 8,530,200,000
2005 12,522,500,000
2006 18,746,200,000
2007 28,360,500,000
2008 40,137,200,000
2009 35,601,500,000
2010 42,465,000,000
2011 52,082,000,000
2012 54,743,700,000
2013 58,182,000,000
2014 59,014,100,000
2015 54,380,100,000
2016 60,425,200,000
2017 70,337,800,000
2018 79,797,200,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Azerbaijan was 79,797,200,000 as of 2018. Over the past 28 years, the value for this indicator has fluctuated between 79,797,200,000 in 2018 and 293,200 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 293,200
1991 534,400
1992 4,820,100
1993 31,400,000
1994 374,700,000
1995 2,133,800,000
1996 2,732,600,000
1997 3,158,300,000
1998 3,440,600,000
1999 3,775,100,000
2000 4,718,100,000
2001 5,315,600,000
2002 6,062,500,000
2003 7,146,500,000
2004 8,530,200,000
2005 12,522,500,000
2006 18,746,200,000
2007 28,360,500,000
2008 40,137,200,000
2009 35,601,500,000
2010 42,465,000,000
2011 52,082,000,000
2012 54,743,700,000
2013 58,182,000,000
2014 59,014,100,000
2015 54,380,100,000
2016 60,425,200,000
2017 70,337,800,000
2018 79,797,200,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Azerbaijan was 57,357,250,000 as of 2018. Over the past 28 years, the value for this indicator has fluctuated between 58,511,000,000 in 2015 and 9,490,948,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 22,673,000,000
1991 22,514,290,000
1992 17,426,060,000
1993 13,400,640,000
1994 10,760,710,000
1995 9,490,948,000
1996 9,614,331,000
1997 10,171,960,000
1998 11,189,160,000
1999 12,017,160,000
2000 13,351,060,000
2001 14,672,820,000
2002 16,057,770,000
2003 17,697,000,000
2004 19,334,640,000
2005 24,740,900,000
2006 33,268,150,000
2007 41,739,300,000
2008 46,160,090,000
2009 50,485,060,000
2010 52,902,700,000
2011 52,070,540,000
2012 53,217,630,000
2013 56,326,960,000
2014 57,902,590,000
2015 58,511,000,000
2016 56,718,110,000
2017 56,558,150,000
2018 57,357,250,000

GDP (constant LCU)

The value for GDP (constant LCU) in Azerbaijan was 29,031,590,000 as of 2018. As the graph below shows, over the past 28 years this indicator reached a maximum value of 29,615,560,000 in 2015 and a minimum value of 4,803,879,000 in 1995.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 11,476,020,000
1991 11,395,690,000
1992 8,820,264,000
1993 6,782,783,000
1994 5,446,575,000
1995 4,803,879,000
1996 4,866,329,000
1997 5,148,576,000
1998 5,663,434,000
1999 6,082,528,000
2000 6,757,689,000
2001 7,426,700,000
2002 8,127,700,000
2003 8,957,400,000
2004 9,786,300,000
2005 12,522,700,000
2006 16,838,800,000
2007 21,126,500,000
2008 23,364,100,000
2009 25,553,200,000
2010 26,776,900,000
2011 26,355,700,000
2012 26,936,300,000
2013 28,510,100,000
2014 29,307,610,000
2015 29,615,560,000
2016 28,708,080,000
2017 28,627,120,000
2018 29,031,590,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Azerbaijan was 179,401,000,000 as of 2018. Over the past 28 years, the value for this indicator has fluctuated between 179,401,000,000 in 2018 and 19,293,490,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 40,834,010,000
1991 41,919,410,000
1992 33,185,030,000
1993 26,123,910,000
1994 21,425,450,000
1995 19,293,490,000
1996 19,902,170,000
1997 21,419,590,000
1998 23,826,740,000
1999 25,959,380,000
2000 29,485,600,000
2001 33,115,450,000
2002 36,814,440,000
2003 41,326,040,000
2004 46,365,810,000
2005 61,178,520,000
2006 84,753,920,000
2007 109,191,000,000
2008 123,105,000,000
2009 135,666,000,000
2010 143,819,000,000
2011 144,514,000,000
2012 150,530,000,000
2013 162,121,000,000
2014 169,809,000,000
2015 173,428,000,000
2016 169,953,000,000
2017 172,695,000,000
2018 179,401,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Azerbaijan was 159,187,000,000 as of 2018. Over the past 28 years, the value for this indicator has fluctuated between 162,389,000,000 in 2015 and 26,340,730,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 62,925,570,000
1991 62,485,090,000
1992 48,363,460,000
1993 37,191,500,000
1994 29,864,770,000
1995 26,340,730,000
1996 26,683,160,000
1997 28,230,780,000
1998 31,053,860,000
1999 33,351,850,000
2000 37,053,900,000
2001 40,722,240,000
2002 44,565,980,000
2003 49,115,410,000
2004 53,660,450,000
2005 68,664,730,000
2006 92,330,860,000
2007 115,841,000,000
2008 128,111,000,000
2009 140,114,000,000
2010 146,824,000,000
2011 144,514,000,000
2012 147,698,000,000
2013 156,327,000,000
2014 160,700,000,000
2015 162,389,000,000
2016 157,413,000,000
2017 156,969,000,000
2018 159,187,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts