Azerbaijan GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Azerbaijan's gdp growth was 3.02% in 2025, ranked 87th globally. This represents a 25.9% decrease from 2024. Data from World Bank, covering 1991–2025.
Overview
Azerbaijan's gdp growth stood at 3.02% in 2025, a decline of +1.06pp from 2024. The IMF projects 3.02% by 2025. Azerbaijan ranked 87th globally.
Azerbaijan’s real GDP growth has averaged modest expansion over the 35‑year span from 1991 to 2025, registering a latest annual increase of 3.02 % in 2025, which places the country at rank 87 globally and ties it with Tuvalu’s 2025 growth rate. The trajectory of Azerbaijani output is marked by extreme volatility: after a sharp contraction of –23.10 % in 1993, the economy surged to an unprecedented 34.47 % expansion in 2006, reflecting the boom in oil revenues and large‑scale investment during that period. Since the post‑crisis rebound, growth has settled into a more sustainable range around the low‑single digits, comparable to peers such as Somalia (3.00 %) and Bulgaria (3.05 %). The recent 3.02 % pace suggests a gradual stabilization, but future trends will hinge on diversification away from hydrocarbons, the pace of fiscal reforms, and regional geopolitical dynamics, which could either reinforce the current modest growth or trigger a new cycle of acceleration.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.48% | - | - |
| 2029* IMF | 2.46% | - | - |
| 2028* IMF | 2.45% | - | - |
| 2027* IMF | 2.45% | - | - |
| 2026* IMF | 2.50% | - | - |
| 2025* IMF | 3.02% | - | - |
| 2025 | 3.02% | −1.06pp | #87 |
| 2024 | 4.07% | +2.72pp | #63 |
| 2023 | 1.35% | −3.36pp | #153 |
| 2022 | 4.71% | −0.90pp | #92 |
| 2021 | 5.62% | +9.82pp | #94 |
| 2020 | -4.20% | −6.68pp | #110 |
| 2019 | 2.48% | +1.01pp | #113 |
| 2018 | 1.50% | +1.35pp | #162 |
| 2017 | 0.15% | +3.22pp | #184 |
| 2016 | -3.06% | −4.14pp | #203 |
| 2015 | 1.05% | −1.72pp | #161 |
| 2014 | 2.80% | −3.05pp | #113 |
| 2013 | 5.84% | +3.64pp | #41 |
| 2012 | 2.20% | +2.10pp | #123 |
| 2011 | -1.57% | −6.57pp | #195 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's gdp growth was 3.02% in 2025. Ranked 87th globally. This represents a 25.9% decrease from the previous year.
Azerbaijan's gdp growth peaked at 34.47% in 2006.
The lowest gdp growth in Azerbaijan was -23.10% in 1993.
Azerbaijan ranks 87th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Azerbaijan's gdp growth is projected to reach 3.02% by 2025 based on IMF projection.
The gdp growth of Azerbaijan in 2025 was 3.02%. This ranks 87th in the world.
Cite this page
@misc{historysaid_azerbaijan_gdp-growth,
title = {Azerbaijan GDP Growth},
url = {https://historysaid.com/azerbaijan/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}