Azerbaijan - GDP per capita (current US$) 1990 - 2022
Azerbaijan's gdp per capita (current us$) is currently $7,736.70 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Azerbaijan's gdp per capita (current us$) for 2022 was $7,736.70, a 43.06% increase from 2021, with a +$2,328 difference.
- In 2021 it was $5,408.05, a 27.85% increase from 2020, with a +$1,178 difference.
- In 2020 it was $4,229.91, a -11.98% increase from 2019.
- In 2019 it was $4,805.75, a 1.39% increase from 2018.
- In 2018 it was $4,739.80, a 14.29% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Azerbaijan is currently $3,151.01 (average of years with recorded data) with a lowest recorded value of $60.24 in 1992 and a highest value of $7,890.84 in 2014.For comparison, the world wide [World Bank] aggregate for 1992 was $4,658.73 and in 2014 it was $10,898.72. Essentially, in 1992, Azerbaijan contributed 1.29% to the world wide aggregate. While in 2014 it contributed 72.40% to the aggregate, recording a 5,499.83% increase in amounts contributed within the 22-year period. Nonetheless, the country recorded a 13,000.06% increase in gdp per capita (current us$) within the same period.
Similarly, from 1992 (when the lowest value was recorded) to 2022, Azerbaijan recorded a 12,744.17% increase in gdp per capita (current us$). The world aggregate recorded a 171.48% growth in the same period.
Azerbaijan's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1990 | $1,234.53 | |
| 1991 | $734.94 | -40.47% |
| 1992 | $60.24 | -91.80% |
| 1993 | $209.53 | 247.86% |
| 1994 | $157.06 | -25.04% |
| 1995 | $314.56 | 100.27% |
| 1996 | $409.19 | 30.08% |
| 1997 | $505.52 | 23.54% |
| 1998 | $561.91 | 11.16% |
| 1999 | $573.89 | 2.13% |
| 2000 | $655.10 | 14.15% |
| 2001 | $703.67 | 7.41% |
| 2002 | $763.11 | 8.45% |
| 2003 | $883.69 | 15.80% |
| 2004 | $1,045.01 | 18.26% |
| 2005 | $1,578.37 | 51.04% |
| 2006 | $2,472.96 | 56.68% |
| 2007 | $3,851.33 | 55.74% |
| 2008 | $5,574.47 | 44.74% |
| 2009 | $4,950.40 | -11.20% |
| 2010 | $5,843.53 | 18.04% |
| 2011 | $7,189.82 | 23.04% |
| 2012 | $7,495.86 | 4.26% |
| 2013 | $7,875.34 | 5.06% |
| 2014 | $7,890.84 | 0.20% |
| 2015 | $5,500.50 | -30.29% |
| 2016 | $3,880.69 | -29.45% |
| 2017 | $4,147.20 | 6.87% |
| 2018 | $4,739.80 | 14.29% |
| 2019 | $4,805.75 | 1.39% |
| 2020 | $4,229.91 | -11.98% |
| 2021 | $5,408.05 | 27.85% |
| 2022 | $7,736.70 | 43.06% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Azerbaijan comes in 44th with $7,736.70 gdp per capita (current us$).
- Within the same region, Croatia comes in 34th with $18,413.20, gdp per capita (current us$).
- Poland comes in 35th with $18,321.30.
- Romania comes in 36th with $15,892.10.
- Russian Federation comes in 37th with $15,345.10.
- Bulgaria comes in 38th with $13,772.50.
- Kazakhstan comes in 39th with $11,243.70.
- Turkiye comes in 40th with $10,616.10.
- Montenegro comes in 41st with $9,893.52.
- Serbia comes in 42nd with $9,393.63.
- Belarus comes in 43rd with $7,904.86.
- Bosnia and Herzegovina comes in 45th with $7,585.38.
- Turkmenistan comes in 46th with $7,297.18.
- Armenia comes in 47th with $7,014.21.
- Albania comes in 48th with $6,802.80.
- Georgia comes in 49th with $6,627.71.
- North Macedonia comes in 50th with $6,591.47.
- Moldova comes in 51st with $5,562.61.
- Kosovo comes in 52nd with $5,351.44.
- Ukraine comes in 53rd with $4,533.98.
- And Uzbekistan comes in 54th with $2,255.15, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Norway | $106,149.00 | 2022 |
| 5 | Ireland | $104,039.00 | 2022 |
| 6 | Switzerland | $92,101.50 | 2022 |
| 7 | Isle of Man | $79,530.60 | 2020 |
| 8 | Iceland | $72,903.00 | 2022 |
| 9 | Faroe Islands | $69,010.20 | 2021 |
| 10 | Denmark | $66,983.10 | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Azerbaijan comes in 26th with $7,736.70 gdp per capita (current us$).
- Within the same income group, Grenada comes in 16th with $10,016.20, gdp per capita (current us$).
- Montenegro comes in 17th with $9,893.52.
- Cuba comes in 18th with $9,499.59.
- Serbia comes in 19th with $9,393.63.
- St. Vincent and the Grenadines comes in 20th with $9,125.32.
- Brazil comes in 21st with $8,917.67.
- Gabon comes in 22nd with $8,820.35.
- Dominica comes in 23rd with $8,414.54.
- Belarus comes in 24th with $7,904.86.
- Botswana comes in 25th with $7,737.65.
- Bosnia and Herzegovina comes in 27th with $7,585.38.
- Turkmenistan comes in 28th with $7,297.18.
- Peru comes in 29th with $7,125.83.
- Equatorial Guinea comes in 30th with $7,053.47.
- Armenia comes in 31st with $7,014.21.
- Belize comes in 32nd with $6,968.36.
- Thailand comes in 33rd with $6,908.80.
- Albania comes in 34th with $6,802.80.
- South Africa comes in 35th with $6,776.48.
- And Marshall Islands comes in 36th with $6,727.80, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Upper middle income Group.
Top 14 Countries in the Upper middle income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | $15,975.70 | 2014 |
| 2 | Russian Federation | $15,345.10 | 2022 |
| 3 | Bulgaria | $13,772.50 | 2022 |
| 4 | Argentina | $13,686.00 | 2022 |
| 5 | Costa Rica | $13,198.80 | 2022 |
| 6 | China | $12,720.20 | 2022 |
| 7 | Palau | $12,083.90 | 2021 |
| 8 | Malaysia | $11,971.90 | 2022 |
| 9 | Maldives | $11,817.50 | 2022 |
| 10 | St. Lucia | $11,481.50 | 2022 |
| 11 | Kazakhstan | $11,243.70 | 2022 |
| 12 | Mexico | $11,091.30 | 2022 |
| 13 | Turkiye | $10,616.10 | 2022 |
| 14 | Mauritius | $10,216.30 | 2022 |