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 2022 was 87.08%, a 10.79% 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 for 2019 was 85.82%, a 5.85% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Nauru 171.15%
North Macedonia 170.82%
Malaysia 140.75%
Serbia 137.64%
Bulgaria 136.28%
Thailand 133.91%
Montenegro 128.65%
Belarus 121.58%
Mauritius 119.27%
Fiji 107.85%
Bosnia 107.14%
Equatorial Guinea 102.32%
Belize 102.14%
Armenia 98.43%
Namibia 94.01%
Romania 91.98%
Mexico 89.48%
Azerbaijan 87.08%
Botswana 85.48%
Albania 85.31%
Turkey 80.50%
Costa Rica 80.02%
Gabon 77.99%
Paraguay 73.85%
Jamaica 73.18%
Samoa 65.02%
South Africa 64.91%
Peru 58.41%
Ecuador 57.69%
Dominican Republic 56.32%
Guatemala 54.67%
Algeria 54.12%
Colombia 48.63%
Russia 43.77%
Brazil 39.34%
China 38.14%
Iran 37.67%
Azerbaijan Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 87.08% 10.79%
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%