Azerbaijan Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Azerbaijan experienced a significant an increase in its GDP growth rate, which rise to 4.071% from 1.354% in 2023. Additionally, the GDP per capita growth rate in Azerbaijan increase to 3.573% in 2024, compared to 1.233% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | - | - | - | - |
| 1972 | - | - | - | - |
| 1973 | - | - | - | - |
| 1974 | - | - | - | - |
| 1975 | - | - | - | - |
| 1976 | - | - | - | - |
| 1977 | - | - | - | - |
| 1978 | - | - | - | - |
| 1979 | - | - | - | - |
| 1980 | - | - | - | - |
| 1981 | - | - | - | - |
| 1982 | - | - | - | - |
| 1983 | - | - | - | - |
| 1984 | - | - | - | - |
| 1985 | - | - | - | - |
| 1986 | - | - | - | - |
| 1987 | - | - | - | - |
| 1988 | - | - | - | - |
| 1989 | - | - | - | - |
| 1990 | - | - | - | - |
| 1991 | -0.7 | - | -2.012 | - |
| 1992 | -22.6% | -21.90% | -23.761% | -21.75% |
| 1993 | -23.1% | -0.50% | -24.257% | -0.50% |
| 1994 | -19.7% | 3.40% | -20.776% | 3.48% |
| 1995 | -11.8% | 7.90% | -12.813% | 7.96% |
| 1996 | 1.3% | 13.10% | 0.28% | 13.09% |
| 1997 | 5.8% | 4.50% | 4.784% | 4.50% |
| 1998 | 10% | 4.20% | 8.961% | 4.18% |
| 1999 | 7.4% | -2.60% | 6.462% | -2.50% |
| 2000 | 11.1% | 3.70% | 10.191% | 3.73% |
| 2001 | 9.9% | -1.20% | 9.052% | -1.14% |
| 2002 | 9.439% | -0.46% | 8.625% | -0.43% |
| 2003 | 10.208% | 0.77% | 9.376% | 0.75% |
| 2004 | 9.254% | -0.95% | 8.302% | -1.07% |
| 2005 | 27.962% | 18.71% | 26.66% | 18.36% |
| 2006 | 34.466% | 6.50% | 32.997% | 6.34% |
| 2007 | 25.463% | -9.00% | 24.049% | -8.95% |
| 2008 | 10.591% | -14.87% | 8.293% | -15.76% |
| 2009 | 9.37% | -1.22% | 7.122% | -1.17% |
| 2010 | 4.789% | -4.58% | 3.549% | -3.57% |
| 2011 | -1.573% | -6.36% | -2.847% | -6.40% |
| 2012 | 2.203% | 3.78% | 0.854% | 3.70% |
| 2013 | 5.843% | 3.64% | 4.483% | 3.63% |
| 2014 | 2.798% | -3.05% | 1.522% | -2.96% |
| 2015 | 1.05% | -1.75% | -0.147% | -1.67% |
| 2016 | -3.064% | -4.11% | -4.141% | -3.99% |
| 2017 | 0.154% | 3.22% | -0.824% | 3.32% |
| 2018 | 1.5% | 1.35% | 0.625% | 1.45% |
| 2019 | 2.48% | 0.98% | 1.616% | 0.99% |
| 2020 | -4.199% | -6.68% | -4.852% | -6.47% |
| 2021 | 5.616% | 9.82% | 5.151% | 10.00% |
| 2022 | 4.715% | -0.90% | 4.673% | -0.48% |
| 2023 | 1.354% | -3.36% | 1.233% | -3.44% |
| 2024 | 4.071% | 2.72% | 3.573% | 2.34% |