GDP growth in Azerbaijan

GDP growth in Azerbaijan: -23.1% a year in 1993 and 4.2% a year in 2024, by IMF estimates.

Latest, 2024: 4.2% a year
Since 1993: +27.3 percentage points
Projected, 2031: 2.5% a year; IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

The IMF projection (World Economic Outlook, October 2026) puts it at 2.5% a year in 2031.
The highest was 34.5% a year in 2006, the lowest -23.1% a year in 1993.

% a year · IMF

IMF projection (World Economic Outlook, October 2026) · 2025–2031

How much the economy grew or shrank in a year, after inflation.
Source: IMF, World Economic Outlook, October 2026.
The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.

How the layers work, where their data comes from and what they can’t tell you: Countries through time