Azerbaijan flag

Azerbaijan GDP Per Capita (2026)

Latest Update: September 2026
Source: IMF
Azerbaijan has a resource-based economy supported strongly by oil and natural gas, alongside transport, construction, agriculture, tourism, manufacturing, and services. GDP per capita provides an important measure of how the country’s energy-driven economic output compares with its population. Explore Azerbaijan’s latest GDP per capita data, historical trends, diversification patterns, and economic comparisons below.
GDP Per Capita 2026
$7,467
Est. in USD
World Rank
#105
Out of 195 countries
Change vs 2025
+2.0%
+$145
Asia Rank
#24
Out of 49 countries

1. Azerbaijan GDP Per Capita in 2026

Azerbaijan’s GDP per capita reflects economic production generated for each resident, with hydrocarbons contributing significantly to national output and export earnings. Non-energy industries, services, transport, and agriculture also play growing roles. Adjusting total GDP for population provides a clearer basis for comparing Azerbaijan with economies of different sizes and resource structures.

2. Azerbaijan GDP Per Capita Growth (1992–2026)

3. Azerbaijan GDP Per Capita (Historical Data)

Year GDP Per Capita (USD) Annual Change
2026 $7,467 +2.0%
2025 $7,322 +0.8%
2024 $7,262 +1.5%
2023 $7,152 -8.7%
2022 $7,831 +43.2%
2021 $5,468 +27.8%
2020 $4,280 -11.6%
2019 $4,841 +1.7%
2018 $4,760 +12.8%
2017 $4,218 +8.2%

4. Azerbaijan GDP Per Capita Growth

1-Year Change
+2.0%
(2025 to 2026)
5-Year Change
+36.6%
(2021 to 2026)
10-Year Change
+91.6%
(2016 to 2026)
20-Year Change
+204.4%
(2006 to 2026)
Azerbaijan’s GDP per capita can fluctuate with oil and gas prices, energy production, investment, exchange rates, inflation, and the expansion of non-oil sectors. Commodity cycles can have a major effect on annual performance. Historical data helps illustrate how energy revenues, diversification efforts, and broader economic changes have shaped output per resident over time.

5. Azerbaijan GDP Per Capita vs Asia and World

Azerbaijan
$7,467
Asia Average
$19,139
World Average
$25,179
$0 $12,590 $25,179
USD
Azerbaijan’s GDP per capita is approximately 61.0% below the Asia average and 70.3% below the world average.

6. Azerbaijan GDP Per Capita Ranking in Asia

Rank Country GDP Per Capita (USD)
#21 Armenia $10,410
#22 Thailand $8,105
#23 Mongolia $7,853
#24 Azerbaijan $7,467
#25 Lebanon $6,443
#26 Iraq $5,677
#27 Jordan $5,601

7. GDP vs GDP Per Capita in Azerbaijan

Azerbaijan GDP (Nominal)
$78.4 Billion
(2026)
Azerbaijan GDP Per Capita
$7,467
(2026)
Azerbaijan’s total GDP measures the full scale of economic activity produced nationwide, while GDP per capita adjusts that output for population. Total GDP highlights the importance of the country’s energy sector, whereas GDP per capita provides a more population-adjusted measure of economic production. Looking at both indicators together gives a clearer picture of economic scale and per-person output.
Explore more: Azerbaijan GDP

8. Azerbaijan GDP Per Capita Forecast

Year GDP Per Capita (USD) Change
2027 $7,820 +4.7%
2028 $8,203 +4.9%
2029 $8,615 +5.0%
2030 $9,047 +5.0%
Azerbaijan GDP per capita is projected to reach $9,047 by 2030, representing a 21.2% increase from the 2026 level.

9. Azerbaijan GDP Per Capita: Key Findings

Azerbaijan GDP per capita is estimated at $7,467 in 2026.
It ranks #105 globally and #24 in Asia.
GDP per capita increased by 2.0% compared with 2025.
Over the last 5 years, GDP per capita grew by 36.6%.
Over the last 10 years, GDP per capita grew by 91.6%.
It is approximately 61.0% below the Asia average.
It is approximately 70.3% below the world average.
The forecast reaches $9,047 by 2030, 21.2% above the 2026 level.

10. What Is GDP Per Capita?

GDP per capita is the total economic output of a country divided by its population.
GDP Per Capita = GDP ÷ Population
It helps measure the average economic output per person and is widely used to compare economic performance across countries. Higher values generally indicate greater economic output per resident.

11. Methodology and Data Sources

Additional Sources: World Bank, United Nations
Population Source: UN Population Division
Currency: Current USD (Nominal)
Update Frequency: Annually
Last Updated: September 2026

12. Azerbaijan GDP Per Capita FAQs

Azerbaijan GDP per capita is estimated at $7,467 in 2026.
Azerbaijan ranks #105 globally and #24 in Asia by GDP per capita.
Yes. GDP per capita increased by approximately 2.0% compared with 2025.
Azerbaijan GDP per capita was approximately $5,525 in 2015.
Azerbaijan GDP per capita is approximately 61.0% below the Asia average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.