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Economy of Azerbaijan vs Congo compared: GDP & Debt

Updated on by Georank team

Azerbaijan has a GDP of $74.3B compared to $15.7B for the Congo, ranking 84/197 and 141/197 by economy size, respectively.

Azerbaijan has $16.1B in government debt (21.7% of GDP), compared to $15.4B (98% of GDP) in the Congo.

Azerbaijan vs Congo GDP by year

Azerbaijan
Congo
1x
Year GDP, current $
Azerbaijan Congo
2024 $74,315,882,353 $15,719,986,077
2023 $72,428,470,588 $15,321,055,823
2022 $78,807,470,588 $15,817,030,155
2021 $54,825,411,765 $14,825,690,211
2020 $42,693,000,000 $11,468,687,464
2019 $48,174,235,294 $13,976,637,780
2018 $47,112,470,052 $14,773,900,289
2017 $40,866,627,352 $11,834,473,039
2016 $37,866,996,883 $10,931,328,151
2015 $53,076,235,355 $12,434,793,867
2014 $75,239,785,452 $17,919,321,078
2013 $74,160,560,124 $17,958,720,699
2012 $69,679,944,504 $17,692,911,296
2011 $65,952,796,428 $15,655,383,577
2010 $52,909,294,792 $13,148,396,212
2009 $44,292,427,185 $9,723,299,915
2008 $48,851,293,785 $11,649,857,673
2007 $33,049,419,431 $8,782,703,437
2006 $20,981,929,498 $8,072,305,029
2005 $13,245,421,881 $6,650,001,680
2004 $8,680,405,741 $4,656,974,940
2003 $7,276,413,079 $3,503,723,088
2002 $6,236,087,738 $3,034,250,924
2001 $5,707,616,204 $2,796,704,604
2000 $5,272,615,723 $3,227,927,698
1999 $4,581,248,567 $2,354,772,960
1998 $4,446,368,571 $1,949,481,379
1997 $3,962,362,387 $2,322,719,103
1996 $3,176,507,376 $2,540,697,539
1995 $2,417,331,193 $2,116,003,868
1994 $1,193,141,110 $1,769,365,438
1993 $1,570,392,598 $2,684,323,623
1992 $444,658,672 $2,933,222,703
1991 $5,344,000,000 $2,724,853,506
1990 $8,884,848,485 $2,798,746,050
1989 - $2,389,593,026
1988 - $2,212,536,312
1987 - $2,297,753,652
1986 - $1,849,268,212
1985 - $2,160,872,540
1984 - $2,193,581,365
1983 - $2,097,274,290
1982 - $2,160,640,565
1981 - $1,993,512,323
1980 - $1,705,796,853
1979 - $1,198,749,667
1978 - $878,771,772
1977 - $765,224,029
1976 - $754,549,601
1975 - $767,102,680
1974 - $585,364,634
1973 - $541,973,363
1972 - $410,669,264
1971 - $322,128,019
1970 - $274,960,700
1969 - $265,040,036
1968 - $251,247,458
1967 - $237,397,428
1966 - $220,613,582
1965 - $198,318,064
1964 - $185,693,725
1963 - $172,233,431
1962 - $166,521,240
1961 - $151,675,739
1960 - $131,731,863

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/azerbaijan/congo | CC BY

GDP per capita in Azerbaijan vs Congo by year

Azerbaijan
GDP per capita

GDP per capita, PPP
Congo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Azerbaijan Congo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,284 $25,089 $2,482 $7,026
2023 $7,133 $23,652 $2,478 $6,850
2022 $7,771 $22,552 $2,621 $6,647
2021 $5,408 $20,111 $2,516 $6,263
2020 $4,230 $15,164 $1,994 $4,771
2019 $4,806 $16,675 $2,488 $5,720
2018 $4,740 $15,283 $2,694 $5,593
2017 $4,147 $14,316 $2,212 $4,445
2016 $3,881 $14,536 $2,093 $4,016
2015 $5,501 $15,075 $2,439 $4,715
2014 $7,891 $17,564 $3,601 $5,733
2013 $7,875 $17,268 $3,697 $5,834
2012 $7,496 $15,994 $3,732 $6,058
2011 $7,190 $14,805 $3,396 $5,175
2010 $5,844 $14,930 $2,947 $5,125
2009 $4,950 $14,246 $2,271 $4,801
2008 $5,574 $13,217 $2,832 $4,448
2007 $3,851 $11,974 $2,206 $4,243
2006 $2,473 $9,398 $2,104 $4,588
2005 $1,578 $6,855 $1,799 $4,279
2004 $1,045 $5,248 $1,306 $3,992
2003 $884 $4,718 $1,017 $3,887
2002 $763 $4,230 $906 $3,888
2001 $704 $3,835 $855 $3,748
2000 $655 $3,439 $1,024 $3,667
1999 $574 $3,052 $776 $3,464
1998 $562 $2,827 $660 $3,602
1997 $506 $2,565 $804 $3,510
1996 $409 $2,407 $899 $3,547
1995 $315 $2,357 $770 $3,434
1994 $157.1 $2,648 $662 $3,327
1993 $209.5 $3,272 $1,034 $3,550
1992 $60.2 $4,220 $1,164 $3,608
1991 $735 $5,412 $1,113 $3,536
1990 $1,238 $5,343 $1,176 $3,437
1989 - - $1,033 -
1988 - - $984 -
1987 - - $1,052 -
1986 - - $872 -
1985 - - $1,049 -
1984 - - $1,097 -
1983 - - $1,075 -
1982 - - $1,131 -
1981 - - $1,066 -
1980 - - $933 -
1979 - - $670 -
1978 - - $503 -
1977 - - $448 -
1976 - - $453 -
1975 - - $471 -
1974 - - $370 -
1973 - - $353 -
1972 - - $276.3 -
1971 - - $223.5 -
1970 - - $196.7 -
1969 - - $195.4 -
1968 - - $190.8 -
1967 - - $185.7 -
1966 - - $177.6 -
1965 - - $164.2 -
1964 - - $158.1 -
1963 - - $150.7 -
1962 - - $149.6 -
1961 - - $139.9 -
1960 - - $124.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/azerbaijan/congo | CC BY

Azerbaijan's GDP per capita is $7,284, ranking 101/197, compared to $2,482 in the Congo, ranking 149/197. Adjusted for purchasing power (GDP per capita PPP), Azerbaijan ranks 82nd at $25,089, while the Congo ranks 148th at $7,026.

Economic indicators

Azerbaijan Congo
Gross domestic product
$74.3B
2024
$15.7B
2024
GDP rank
84/197
2024
141/197
2024
GDP growth
4.07%
2023-2024
2.58%
2023-2024
GDP per capita
$7,284
2024
$2,482
2024
GDP per capita rank
101/197
2024
149/197
2024
GDP per capita, PPP
$25,089
2024
$7,026
2024
GDP per capita PPP rank
82/197
2024
148/197
2024
Government debt
$16.1B
2024
$15.4B
2024
Debt-to-GDP ratio
21.7%
2024
98%
2024
Government debt per person
$1,579
2024
$2,433
2024
Government debt per person rank
128/185
2024
112/185
2024
Average annual personal income after taxes
$6,324
2026
$2,153
2026
Market capitalization of domestic companies
$1.64B
2024
n/a
Income share by richest 10%
24.2%
2005
37.9%
2011
Income share by poorest 10%
4.8%
2005
1.6%
2011
Government expenditure, % of GDP
33.9%
2024
21.7%
2024
Consumer prices inflation
2.21%
2023-2024
3.1%
2023-2024
Central bank interest rate
7%
2025
n/a
Unemployment rate
5.65%
2022
10%
2012
Population
10338778
6681829

Spending and national debt comparison by year

Azerbaijan
Spending

Debt
Congo
Spending

Debt
1x
Year % of GDP
Azerbaijan Congo
Government spending Government debt Government spending Government debt
2024 33.9% 21.7% 21.7% 98%
2023 32.7% 21.8% 20.7% 102.9%
2022 26.2% 17.3% 22.8% 93.5%
2021 32.2% 26.3% 20.9% 97.8%
2020 40.2% 21.3% 21.1% 102.5%
2019 32.5% 17.7% 20.2% 77.6%
2018 33.2% 18.7% 17.8% 71.2%
2017 35.6% 22.5% 26.6% 88.5%
2016 35.4% 20.6% 38.8% 84.6%
2015 38.7% 18% 41.3% 74.2%
2014 36.4% 8.53% 48.6% 42.3%
2013 37.8% 6.18% 42.4% 33.9%
2012 36.6% 5.83% 30.7% 30.2%
2011 33.7% 4.97% 27.9% 34.4%
2010 32% 4.98% 23% 43.5%
2009 34.5% 4.73% 24.4% 83.8%
2008 31.4% 3.22% 24.2% 69.6%
2007 26.1% 4% 28.6% 93.8%
2006 25.3% 5.3% 26.6% 94.7%
2005 22.5% 6.85% 22.1% 99.8%
2004 24.2% 9.71% 24.4% 122.6%
2003 21.7% 10.7% 27% 185.3%
2002 23.1% 11.9% 32.1% 163.5%
2001 16.8% 13% 29.1% 180.1%
2000 18.2% 13.1% 22.6% 145%
1999 19.5% 25.4% 28.8% 0%
1998 18.7% 14.3% 25.1% 0%
1997 18.5% 11.4% 22.2% 0%
1996 19.8% 16.7% 15.7% 0%
1995 18.9% 19.2% 27.6% 0%
1994 14.7% 11.7% 30.7% 0%
1993 - - 32.8% 0%
1992 - - 32.8% 0%
1991 - - 34.1% 0%
1990 - - 30.4% 0%
1989 - - 20.3% 151.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-02-20).

GeoRank.org/economy/azerbaijan/congo | CC BY

In 2024, Azerbaijan's government spending was $25.2B, accounting for 33.9% of its GDP, while the Congo spent $3.4B, or 21.7% of GDP.

Debt-to-GDP ratio is 21.7% in Azerbaijan and 98% in the Congo, ranking 174/185 and 25/185, respectively.

Government deficit by year

Deficit/surplus
Azerbaijan

Congo
1x
Year Deficit/surplus, % of GDP
Azerbaijan Congo
2024 4.06% 3.62%
2023 7.92% 5.81%
2022 5.96% 8.94%
2021 4.21% 1.63%
2020 -6.44% -1.1%
2019 8.95% 4.3%
2018 5.43% 5.22%
2017 -1.34% -5.57%
2016 -1.17% -14.5%
2015 -4.83% -17.8%
2014 2.74% -10.7%
2013 1.64% -2.85%
2012 3.71% 7.24%
2011 10.9% 16.1%
2010 13.8% 15.5%
2009 5.86% 4.76%
2008 17.2% 23.9%
2007 2.34% 8.99%
2006 0.66% 16%
2005 2.74% 13.4%
2004 1.78% 3.33%
2003 1.6% 0.37%
2002 19.4% -7.34%
2001 21.8% -0.71%
2000 0.14% 1.05%
1999 -1.03% -4.75%
1998 1.63% -5.16%
1997 -0.94% 3.67%
1996 -2.25% 9.2%
1995 -1.34% -6.38%
1994 3.21% -10.6%
1993 - -11.3%
1992 - -12.7%
1991 - -11.2%
1990 - -4.1%
1989 - 0.78%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20).

GeoRank.org/economy/azerbaijan/congo | CC BY

In 2024, Azerbaijan's government surplus, the difference between spending and revenue, was $3.01B, equivalent to 4.06% of GDP. This compares to the Congo's surplus of $568M, or 3.62% of GDP.

Over the past 31 years, Azerbaijan recorded a fiscal deficit in 8 of those years, while the Congo ran a deficit in 12 years. On average, Azerbaijan posted an annual surplus equal to 4.14% of GDP, compared to surplus of 2.11% of GDP for the Congo.

Inflation comparison by year

Inflation
Azerbaijan

Congo
1x
Year Consumer prices inflation
Azerbaijan Congo
2024 2.21% 3.1%
2023 8.79% 4.3%
2022 13.9% 3%
2021 6.65% 2%
2020 2.76% 1.4%
2019 2.61% 0.4%
2018 2.27% 1.2%
2017 12.9% 0.4%
2016 12.4% 3.2%
2015 4.03% 3.2%
2014 1.37% 0.9%
2013 2.42% 4.6%
2012 1.07% 5%
2011 7.86% 1.8%
2010 5.73% 0.4%
2009 1.46% 4.3%
2008 20.8% 6%
2007 16.7% 2.6%
2006 8.33% 4.7%
2005 9.68% 2.5%
2004 6.71% 3.7%
2003 2.23% 1.7%
2002 2.77% 3%
2001 1.55% 0.8%
2000 1.81% 0.5%
1999 -8.53% 3%
1998 -0.77% 2.2%
1997 3.67% 12.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/azerbaijan/congo | CC BY

Over the past 28 years, Azerbaijan has recorded an average annual inflation rate of 5.48%, compared with 2.95% in the Congo. In 2024, inflation was 2.21% in Azerbaijan and 3.1% in the Congo.

Top exports between countries

Azerbaijan
Export category Export value
Machinery & equipment $2.34M
Metals $657K
Textiles & consumer goods $86K
Raw materials & minerals $61K
Chemicals & pharma $3K
Congo
Export category Export value
Miscellaneous $17K
Metals $8K
Machinery & equipment $4K

Balance of trade

Azerbaijan Congo
Current account balance
$4.67B
2024
$1.72B
2021
Current account balance ranking
34/190
2024
48/190
2021
Current account balance, % of GDP
+6.29%
2024
+11.6%
2021
Goods imports
$17.2B
2024
$2.78B
2021
Goods exports
$26B
2024
$7.51B
2021
Service imports
$10.2B
2024
$1.71B
2021
Service exports
$8.12B
2024
$240M
2021
Imports of goods and services, % of GDP
36.8%
2024
40.4%
2024
Exports of goods and services, % of GDP
45.9%
2024
52.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Azerbaijan Congo
Economic freedom 64.3 48.6
Economic freedom ranking 74/197 169/197
Property rights 53.3 28.7
Government integrity 23.6 13.9
Judicial effectiveness 16.5 15.4
Tax burden 87.9 73.7
Government spending 71.3 85.8
Fiscal health 99.1 80.8
Business freedom 71.2 35.8
Labor freedom 56.9 52.4
Monetary freedom 76 78.4
Trade freedom 75.8 52.8
Investment freedom 70 35
Financial freedom 70 30

Economic freedom comparison by year

Azerbaijan
Congo
1x
Year Economic freedom index
Azerbaijan Congo
2026 64.3 48.6
2025 62.5 48.6
2024 61.6 47.8
2023 61.4 48.1
2022 61.6 48.5
2021 70.1 50.7
2020 69.3 41.8
2019 65.4 39.7
2018 64.3 38.9
2017 63.6 40
2016 60.2 42.8
2015 61 42.7
2014 61.3 43.7
2013 59.7 43.5
2012 58.9 43.8
2011 59.7 43.6
2010 58.8 43.2
2009 58 45.4
2008 55.3 45.3
2007 54.6 44.4
2006 53.2 43.8
2005 54.4 46.2
2004 53.4 45.9
2003 54.1 47.7
2002 53.3 45.3
2001 50.3 44.3
2000 49.8 40.6
1999 47.4 41.6
1998 43.1 33.8
1997 34 42.2
1996 30 40.3

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/azerbaijan/congo | CC BY

The Economic Freedom Index for Azerbaijan is 64.3, ranking 74/197, compared to 48.6 for the Congo, ranking 169/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Azerbaijan Congo
Services, % of GDP
42.3%
2024
45%
2024
Industry, % of GDP
42.6%
2024
40.1%
2024
Agriculture, forestry, and fishing, % of GDP
5.66%
2024
9.44%
2024
GNI, Atlas method
$74.8B
2024
$14.4B
2024
GNI per capita, PPP
$24,220
2024
$6,340
2024
Total reserves including gold
$12.7B
2024
$715M
2023
Total reserves ranking
72/177
2024
148/177
2023
Net foreign direct investment
$511M
2024
$330M
2021
Net inflows of foreign direct investment
$231M
2024
$604M
2024
Net outflows of foreign direct investment
$742M
2024
$25.4M
2024
Servicing debt to the IMF, % of GNI
5.83%
2024
7.67%
2024
Poverty at national poverty lines
6%
2012
40.9%
2011
Gross capital formation, % of GDP
21.1%
2024
26.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/azerbaijan/congo | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.