Macro‑Economic Monitor

Home / Countries / Western Asia

Azerbaijan economy

Azerbaijan’s economy grew 1.4% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 5.6% in 2025, and 5.5% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth1.4%2025
Inflation (consumer prices)5.6%2025
Unemployment5.5%2025
GDP (US dollars)$75.9 bn2025
GDP per person (US dollars)$7,4112025
GDP per person (PPP, international dollars)$25,0892024
Current account balance, % of GDP4.6%2025
Budget balance, % of GDP3.9%2024
Extreme poverty, % of people below $3.00 a day0.0%2005
Population10.2 m2025
Open the full interactive profile

Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.