The statistic shows gross domestic product (GDP) in Azerbaijan from 1994 to 2018, with projections up until 2021. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2018, Azerbaijan's gross domestic product amounted to around 180.08 billion international dollars.
Azerbaijan: Gross domestic product (GDP) in current prices from 1994 to 2021
(in billion international dollars)
Gross domestic product in billion international dollars
2021*
189.34
2020*
184.42
2019*
187.35
2018
180.08
2017
173.2
2016
169.74
2015
173.31
2014
169.74
2013
162.12
2012
150.53
2011
144.51
2010
143.82
2009
135.67
2008
123.11
2007
109.19
2006
84.75
2005
61.18
2004
46.37
2003
41.33
2002
36.81
2001
33.12
2000
30.43
1999
28.02
1998
24.8
1997
23.13
1996
20.88
1995
20
1994
22.53
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According to the source, due to the high level of uncertainty in current global economic conditions, the IMF projections for these indicators are provided only through 2021.
"International dollar" is a hypothetical currency that has a comparable purchase power parity to the U.S. dollar at any given time, i.e. one international dollar would buy a comparable amount of goods and services in the respective country to the amount one U.S. dollar would buy in the United States.
* Estimate.
Figures have been rounded for better understanding of the statistic.
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IMF. (April 21, 2020). Azerbaijan: Gross domestic product (GDP) in current prices from 1994 to 2021 (in billion international dollars) [Graph]. In Statista. Retrieved July 08, 2020, from https://www.statista.com/statistics/457496/gross-domestic-product-gdp-in-azerbaijan/
IMF. "Azerbaijan: Gross domestic product (GDP) in current prices from 1994 to 2021 (in billion international dollars)." Chart. April 21, 2020. Statista. Accessed July 08, 2020. https://www.statista.com/statistics/457496/gross-domestic-product-gdp-in-azerbaijan/
IMF. (2020). Azerbaijan: Gross domestic product (GDP) in current prices from 1994 to 2021 (in billion international dollars). Statista. Statista Inc.. Accessed: July 08, 2020. https://www.statista.com/statistics/457496/gross-domestic-product-gdp-in-azerbaijan/
IMF. "Azerbaijan: Gross Domestic Product (Gdp) in Current Prices from 1994 to 2021 (in Billion International Dollars)." Statista, Statista Inc., 21 Apr 2020, https://www.statista.com/statistics/457496/gross-domestic-product-gdp-in-azerbaijan/
IMF, Azerbaijan: Gross domestic product (GDP) in current prices from 1994 to 2021 (in billion international dollars) Statista, https://www.statista.com/statistics/457496/gross-domestic-product-gdp-in-azerbaijan/ (last visited July 08, 2020)
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