GDP in USD PPP terms reached 178 USD bil in 2018 in Azerbaijan, according to the National Statistical Office. This is 3.79 % more than in the previous year.
Historically, GDP in USD PPP terms in Azerbaijan reached an all time high of 178 USD bil in 2018 and an all time low of 18.6 USD bil in 1995. When compared to Azerbaijan's main peers, GDP in USD PPP terms in Azerbaijan amounted to 178 USD bil, 43.0 USD bil in Georgia, 1,653 USD bil in Iran and 4,180 USD bil in Russia in 2018.
Azerbaijan has been ranked 74th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 3 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.