Azerbaijan

AZEEurope & Central AsiaUpper middle incomeCapital: Baku
Economy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
73/80 indicators · percentile vs world (IMF / WB / WHO)underover
Azerbaijan in world space2000–2023
1k10k100k505560657075808590GDP per capita (USD, log)Life expectancy (years)20002023
192 countries · log scale on X world Azerbaijan· trajectory line: 1980 → today
About Azerbaijan

Azerbaijan's GDP is $80.02B (2026), with a population of 10.2M, and GDP per capita of $7,624. Key indicators include real GDP growth of 2.5%, inflation at 4.5%, unemployment at 5.3%, government debt at 23.5% of GDP, life expectancy of 74.4 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.

Located in the Europe & Central Asia region, this upper middle-income country has a GDP of $80.02 billion in 2026, ranking 85th globally. The economy is projected to grow by 2.5% in real terms, with a GDP per capita of $8,000. The country's economic landscape is characterized by significant trade openness, with trade accounting for 82.7% of GDP in 2024. Foreign direct investment inflows are relatively modest, at 0.3% of GDP. The inflation rate is projected to be 4.5% in 2026, with an unemployment rate of 5.3%. The gross national income per capita was $7,000 in 2024. The population is estimated to be 10.2 million in 2024. Life expectancy at birth is 74.4 years, and the fertility rate is 1.6 births per woman. The adult literacy rate is exceptionally high at 99.8%, reflecting strong educational attainment. Health spending constitutes 4.3% of GDP, indicating investments in public health. The unemployment rate is projected to be 5.5% in 2025, showing a slight increase from previous years.

Economy30 indicators · 2021–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
GDP (Current USD, Billions)$852027 5.7%IMF
Real GDP Growth (%)2.5%2027 0.0%IMF
GDP per Capita (USD)$7,9602027 4.4%IMF
GDP, PPP (Billions Intl $)$2942027 4.2%IMF
GDP per Capita, PPP (Intl $)$27,6792027 2.9%IMF
Share of World GDP, PPP (%)0.13%2027 0.8%IMF
GNI (Current USD)$71.75B2024 3.4%WB
GNI per Capita (USD)$7,3302024 9.7%WB
GNI per Capita, PPP (USD)$24,2202024 6.9%WB
Industry Value Added (% of GDP)42.6%2024 7.0%WB
Services Value Added (% of GDP)42.3%2024 6.4%WB
Agriculture Value Added (% of GDP)5.7%2024 2.7%WB
Government Consumption (% of GDP)14.4%2024 4.0%WB
Household Consumption (% of GDP)55.4%2024 2.7%WB
Gross Capital Formation (% of GDP)21.1%2024 18.8%WB
Gross Savings (% of GNI)27.6%2024 6.3%WB
GDP Deflator (%)-1.4%2024 84.9%WB
GDP per Person Employed (USD)$46,8212024 3.6%WB
Manufacturing Value Added (% of GDP)5.2%2024 2.0%WB
Medium/High-Tech Manufacturing (% of total)18.0%2022 12.5%WB
Adjusted Net National Income per Capita (USD)$3,9652021 12.3%WB
Adjusted Net Savings (% of GNI)9.3%2021WB
External Balance on Goods & Services (% of GDP)9.1%2024 36.9%WB
Coal Rents (% of GDP)0.00%2021WB
Mineral Rents (% of GDP)0.35%2021WB
Oil Rents (% of GDP)20.98%2021 88.2%WB
Natural Gas Rents (% of GDP)8.59%2021 439.1%WB
Total Natural Resources Rents (% of GDP)29.9%2021WB
Forest Rents (% of GDP)0.02%2021 15.0%WB
Industry Value Added (Current USD)$31.67B2024 4.6%WB
Fiscal & Monetary21 indicators · 2022–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
Inflation, Consumer Prices (%)4.0%2027 11.1%IMF
Govt Gross Debt (% of GDP)23.9%2027 1.7%IMF
Fiscal Balance (% of GDP)-1.9%2027 5.0%IMF
Current Account Balance (% of GDP)0.6%2027 73.9%IMF
Unemployment Rate (%)5.2%2027 1.9%IMF
Inflation, CPI (%, World Bank)2.2%2024 74.8%WB
Real Interest Rate (%)16.3%2024 36.5%WB
Lending Interest Rate (%)14.7%2024 5.1%WB
Deposit Interest Rate (%)8.6%2024 0.7%WB
Government Revenue (% of GDP)39.8%2023 3.5%WB
Government Expenditure (% of GDP)23.0%2022 15.2%WB
Tax Revenue (% of GDP)17.8%2023 15.1%WB
Taxes on Goods & Services (% of revenue)19.9%2023 19.7%WB
Taxes on International Trade (% of revenue)3.6%2023 14.3%WB
Taxes on Income, Profits & Capital Gains (% of rev)19.1%2023 1.0%WB
Net Investment in Nonfinancial Assets (% of GDP)7.6%2023 24.5%WB
Total Reserves incl. Gold (USD)$12.70B2024 7.6%WB
Total Reserves (months of imports)4.72024 14.7%WB
Official Exchange Rate (per USD)1.72024 0.0%WB
PPP Conversion Factor0.492024 3.7%WB
Broad Money (% of GDP)36.8%2024 0.5%WB
Trade15 indicators · 2024 · WB
IndicatorValueYearΔ YoYSrc
Trade (% of GDP)82.7%2024 1.0%WB
Exports of Goods & Services (% of GDP)45.9%2024 6.3%WB
Imports of Goods & Services (% of GDP)36.8%2024 6.5%WB
Exports of Goods & Services (USD)$34.11B2024 3.9%WB
Imports of Goods & Services (USD)$27.34B2024 9.3%WB
Merchandise Exports (USD)$26.55B2024 21.7%WB
Merchandise Imports (USD)$21.06B2024 21.8%WB
FDI Inflows (% of GDP)0.3%2024 10.9%WB
FDI Outflows (% of GDP)1.0%2024 61.4%WB
FDI Net Inflows (USD)$231.3M2024 8.5%WB
Personal Remittances Received (USD)$1.35B2024 29.3%WB
Personal Remittances Received (% of GDP)1.8%2024 31.1%WB
High-Tech Exports (% of manufactured)2.9%2024 30.2%WB
Current Account Balance (% of GDP)6.3%2024 45.3%WB
Current Account Balance (USD)$4.67B2024 43.9%WB
External Debt7 indicators · 2023–2024 · WB
IndicatorValueYearΔ YoYSrc
External Debt (% of GNI)17.0%2024 21.2%WB
External Debt Stocks (USD)$12.20B2024 18.6%WB
Total Debt Service (% of GNI)5.8%2024 84.1%WB
Present Value of External Debt (USD)$8.43B2024WB
Use of IMF Credit (USD)$689.9M2024 2.8%WB
Net ODA Received (% of GNI)0.2%2023 169.2%WB
Net ODA Received (USD)$123.2M2023 154.1%WB
Finance12 indicators · 2023–2024 · WB
Business Environment1 indicator · 2024 · WB
IndicatorValueYearΔ YoYSrc
Time to Get Electricity (days)142024WB
Private Sector6 indicators · 2024 · WB
People23 indicators · 2023–2025 · WB
IndicatorValueYearΔ YoYSrc
Population10.2M2024 0.5%WB
Population Growth (%)0.5%2024 299.3%WB
Population Density (per km²)1232023 0.1%WB
Surface Area (sq km)86,6002023 0.0%WB
Land Area (sq km)82,6502023 0.0%WB
Urban Population (%)58.6%2024 0.1%WB
Urban Population (total)6.0M2024 0.6%WB
Rural Population (%)41.4%2024 0.2%WB
Life Expectancy at Birth74.4 years2023 0.4%WB
Life Expectancy, Male71.6 years2023 0.1%WB
Life Expectancy, Female77.1 years2023 0.6%WB
Fertility Rate (births per woman)1.62023 7.2%WB
Birth Rate (per 1,000)11.12023 8.3%WB
Death Rate (per 1,000)5.92023 1.7%WB
Net Migration8,7312025 19.6%WB
Population Ages 0–14 (%)21.8%2024 2.4%WB
Population Ages 15–64 (%)69.6%2024 0.0%WB
Population Ages 65+ (%)8.6%2024 6.8%WB
Age Dependency Ratio (%)43.6%2024 0.1%WB
Old-Age Dependency Ratio (%)12.3%2024 6.8%WB
Youth Dependency Ratio (%)31.3%2024 2.4%WB
Mortality Rate, Adult Male (per 1,000)145.12023 13.6%WB
Mortality Rate, Adult Female (per 1,000)69.22023 13.7%WB
Labor20 indicators · 2010–2025 · WB
IndicatorValueYearΔ YoYSrc
Total Labor Force5.1M2025 0.4%WB
Labor Force Participation (%)63.3%2025 1.0%WB
Female Labor Force Participation (%)60.8%2025 1.0%WB
Male Labor Force Participation (%)66.0%2025 1.0%WB
Unemployment (%)5.5%2025 3.4%WB
Female Unemployment (%)6.3%2025 3.8%WB
Male Unemployment (%)4.7%2025 2.8%WB
Youth Unemployment (%)13.1%2025 3.3%WB
Employment in Agriculture (%)34.2%2025 1.3%WB
Employment in Industry (%)15.5%2025 0.7%WB
Employment in Services (%)50.2%2025 0.7%WB
Self-Employed (%)65.7%2022 2.1%WB
Vulnerable Employment (%)53.8%2025 0.4%WB
Wage & Salaried Workers (% of total)33.0%2025 0.6%WB
Part-Time Employment (%)19.3%2022 0.7%WB
Employers (% of total employment)13.1%2025 0.0%WB
Labor Force, Female (% of total)49.9%2025 0.1%WB
Employment to Population Ratio (%)59.8%2025 0.8%WB
Self-Employed (% of total)67.0%2025 0.3%WB
NEET Youth (% not in education/employment)9.6%2010WB
Education19 indicators · 2017–2025 · WB
Health42 indicators · 2019–2024 · WHO
IndicatorValueYearΔ YoYSrc
Health Spending (% of GDP)4.3%2023 25.1%WHO
Health Spending per Capita (USD)$3002023 14.7%WHO
Government Health Spending (% of GDP)1.4%2023 46.2%WHO
Out-of-Pocket Health Spending (% of total)64.6%2023 2.5%WHO
Physicians (per 1,000 people)3.22022 2.0%WHO
Nurses & Midwives (per 1,000)5.62022 0.1%WHO
Hospital Beds (per 1,000)3.72023 3.2%WHO
Infant Mortality (per 1,000 live births)18.62023 4.1%WHO
Neonatal Mortality (per 1,000)12.82023 3.0%WHO
Maternal Mortality (per 100,000)182023 43.8%WHO
Under-5 Mortality, Female (per 1,000)17.42023 4.4%WHO
Under-5 Mortality, Male (per 1,000)19.62023 4.9%WHO
Cause of Death, Communicable (%)6.0%2019WHO
Cause of Death, Non-Communicable (%)90.2%2019WHO
Cause of Death, Injury (%)3.8%2019WHO
Measles Immunization (% of children)71.0%2024 0.0%WHO
DPT Immunization (% of children)51.0%2024 0.0%WHO
HIV Incidence (per 1,000)0.12024 0.0%WHO
Tuberculosis Incidence (per 100,000)642024 3.0%WHO
Stunting, Children Under 5 (%)6.6%2023WHO
Overweight, Children Under 5 (%)4.0%2023WHO
Smoking Prevalence, Males (%)39.0%2022 1.5%WHO
Smoking Prevalence, Females (%)0.1%2022 0.0%WHO
Suicide Mortality Rate (per 100,000)1.62021 51.7%WHO
Alcohol Consumption (liters per capita)2.52020WHO
Maternal Deaths222023 45.4%WHO
Tuberculosis Incidence (per 100K)642024 3.0%WHO
People Living with HIV9,9002024 1.0%WHO
Malaria Deaths (estimated)02024WHO
Malaria Incidence (per 1K at risk)02023WHO
DTP3 Immunization Coverage (%)51%2024 0.0%WHO
Measles Immunization Coverage (%)71%2024 0.0%WHO
Hepatitis B Immunization Coverage (%)51%2024 0.0%WHO
Physicians (total)322022 2.0%WHO
Nursing & Midwifery Personnel562022 0.1%WHO
Dentists (total)53,7892022 0.9%WHO
Pharmacists (total)3,6362022 2.4%WHO
Child Wasting (<5 years, %)3.5%2023WHO
Child Underweight (<5 years, %)3.0%2023WHO
Universal Health Coverage Index672023 0.0%WHO
Road Traffic Death Rate (per 100K)1,7692021WHO
Health Expenditure per Capita (WHO, USD)$3002023 14.7%WHO
Energy & Environment16 indicators · 2020–2024 · WB / WHO
IndicatorValueYearΔ YoYSrc
CO₂ Emissions (tonnes per capita)3.82024 7.3%WB
CO₂ Emissions (total kilotonnes)392024 6.8%WB
Energy Use (kg oil eq. per capita)1,7322023 1.1%WB
Electric Power Consumption (kWh per capita)2,3672023 0.0%WB
Renewable Electricity Output (%)5.8%2021 6.0%WB
Renewable Energy Consumption (%)1.3%2021 0.0%WB
Access to Electricity (%)100.0%2023 0.0%WB
Access to Clean Fuels for Cooking (%)98.9%2023 0.1%WB
PM2.5 Air Pollution (µg/m³)21.72020WB
Forest Area (%)14.1%2023 1.0%WB
Forest Area (sq km)11,6642023 1.0%WB
Arable Land (%)25.3%2023 0.0%WB
Terrestrial Protected Areas (%)12.0%2024 118.2%WB
Marine Protected Areas (%)1.0%2024 150.0%WB
Access to Basic Drinking Water (%)97.7%2024 0.9%WHO
Access to Basic Sanitation (%)99.0%2024 1.1%WHO
Agriculture12 indicators · 2022–2023 · WB
Technology13 indicators · 2021–2024 · WB
Infrastructure8 indicators · 2014–2023 · WB
Gender8 indicators · 2018–2025 · WB
Governance10 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Control of Corruption-1.22023 14.8%WB
Government Effectiveness-0.032023 20.8%WB
Political Stability-0.732023 20.8%WB
Regulatory Quality-0.112023 5.3%WB
Rule of Law-0.572023 9.4%WB
Voice & Accountability-1.412023 2.1%WB
Control of Corruption (percentile rank)12.3%2023 27.8%WB
Government Effectiveness (percentile rank)50.5%2023 0.9%WB
Rule of Law (percentile rank)29.2%2023 6.9%WB
Political Stability (percentile rank)18.0%2023 12.3%WB
Military6 indicators · 2020–2024 · WB
IndicatorValueYearΔ YoYSrc
Military Spending (% of GDP)5.0%2024 1.4%WB
Military Expenditure (USD)$3.78B2024 6.0%WB
Armed Forces Personnel82,0002020WB
Armed Forces (% of labor force)1.6%2020WB
Military Spending (% of govt expenditure)15.2%2024 1.4%WB
Intentional Homicides (per 100,000)2.22023 20.9%WB
Social Protection4 indicators · 2020 · WB
IndicatorValueYearΔ YoYSrc
Human Capital Index (0–1)0.582020WB
Human Capital Index, Female0.592020WB
Human Capital Index, Male0.572020WB
Learning-Adjusted Years of School8.3 years2020WB
Tourism6 indicators · 2020 · WB
Urban Development7 indicators · 2024–2025 · WB / WHO

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