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Economy Snapshot

Azerbaijan Economy and Trade

BakuLocal time

GDP $75.94B · real growth 1.4% · latest verified annual data

The current profile places Azerbaijan's nominal GDP at $75.94B in 2025 and shows real GDP growth of 1.4% for 2025. GDP per capita is $7,411 for 2025, and CPI inflation is 5.6% for 2025. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$75.94B
current US$ · 2025
World Bank
GDP per capita
$7,411
current US$ · 2025
Source listed below
Real GDP growth
1.4%
annual % · 2025
Source listed below
Inflation
5.6%
CPI annual % · 2025
Source listed below

Azerbaijan at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$53.08B$75.94B
2015: $53.08B2016: $37.87B2017: $40.87B2018: $47.11B2019: $48.17B2020: $42.69B2021: $54.83B2022: $78.81B2023: $72.43B2024: $74.43B2025: $75.94B
GDP per capita$7,411
Real growth1.4%
GDP year2025
2025 Inflation
5.6%
CPI annual %
2025 Unemployment
5.5%
labor-market measure
2025 GDP per capita
$7,411
current US$

Macro signals and Merchandise trade

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20251.4%
Unemployment20255.5%
Inflation20255.6%

Merchandise trade

WTO profile · 2025 · USD
TRADE
Exports$25.04B
Imports$24.37B
Balance+$676.2M
Largest highlighted export destination
European Union67.7%
Exports
$25.04B
Imports
$24.37B
Understand the numbers

What Azerbaijan's economic profile is telling you

Azerbaijan's current World Bank annual series reports nominal GDP of about $75.94 billion in 2025, with real growth of 1.4 percent, inflation of 5.6 percent and modeled unemployment of 5.5 percent. Matched 2025 WTO merchandise data show a modest goods surplus, with the European Union receiving more than two-thirds of exports.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorAzerbaijanReference periodStatus
GDPcurrent US$$75.94B2025Actual
GDP per capitacurrent US$$7,4112025Actual
Real GDP growthannual %1.4%2025Actual
InflationCPI annual %5.6%2025Actual
Unemploymentmodeled ILO estimate5.5%2025Estimate
Merchandise exportscurrent USD$25.04B2025Actual
Merchandise importscurrent USD$24.37B2025Actual

Frequently Asked Questions

What is Azerbaijan's latest GDP?

The verified GDP observation used here is $75.94B for 2025.

What does merchandise trade show for Azerbaijan?

Merchandise exports were $25.04B and imports were $24.37B in 2025, giving a same-year goods balance of +$676.2M.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.