BAKU, Azerbaijan, January 4. According to London-based Center for Economics and Business Research’s (CEBR) projections, Azerbaijan’s GDP per capita is expected to reach $7,520 by 2025, Trend reports.
Based on the World Economic League Table (WELT 2025) report by CEBR, this figure is up from $7,380 in 2024.
Looking further ahead, the report forecasts that by 2029, GDP per capita will increase to $8,580, rising to $10,250 by 2034, and ultimately reaching $12,110 by 2039.
To note, according to the State Statistical Committee of Azerbaijan, the country's GDP per capita stood at approximately $6,531 for the period from January through November 2024, based on data indicating a GDP per capita of 11,104 manat (~$6,531).