Azerbaijan Trade to GDP Ratio 1990-2024
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- Azerbaijan trade to gdp ratio for 2023 was 83.62%, a 3.36% decline from 2022.
- Azerbaijan trade to gdp ratio for 2022 was 86.98%, a 10.7% increase from 2021.
- Azerbaijan trade to gdp ratio for 2021 was 76.29%, a 4.27% increase from 2020.
- Azerbaijan trade to gdp ratio for 2020 was 72.02%, a 13.8% decline from 2019.
| Azerbaijan Trade to GDP Ratio - Historical Data |
| Year |
Trade (% of GDP) |
Annual Change |
| 2023 |
83.62% |
-3.36% |
| 2022 |
86.98% |
10.70% |
| 2021 |
76.29% |
4.27% |
| 2020 |
72.02% |
-13.80% |
| 2019 |
85.82% |
-5.85% |
| 2018 |
91.67% |
1.27% |
| 2017 |
90.40% |
0.33% |
| 2016 |
90.08% |
17.48% |
| 2015 |
72.60% |
3.12% |
| 2014 |
69.48% |
-5.19% |
| 2013 |
74.68% |
-3.59% |
| 2012 |
78.26% |
-2.24% |
| 2011 |
80.51% |
5.52% |
| 2010 |
74.99% |
0.24% |
| 2009 |
74.74% |
-14.50% |
| 2008 |
89.24% |
-7.40% |
| 2007 |
96.64% |
-8.62% |
| 2006 |
105.26% |
-10.58% |
| 2005 |
115.84% |
-5.67% |
| 2004 |
121.51% |
13.96% |
| 2003 |
107.55% |
14.73% |
| 2002 |
92.82% |
14.00% |
| 2001 |
78.82% |
0.27% |
| 2000 |
78.55% |
8.72% |
| 1999 |
69.83% |
-7.40% |
| 1998 |
77.23% |
-4.85% |
| 1997 |
82.08% |
1.23% |
| 1996 |
80.85% |
-5.04% |
| 1995 |
85.89% |
30.54% |
| 1994 |
55.35% |
-78.14% |
| 1993 |
133.49% |
-7.31% |
| 1992 |
140.80% |
53.94% |
| 1991 |
86.86% |
3.78% |
| 1990 |
83.08% |
3.78% |
