Oil reserves, per unit of GDP in Azerbaijan
Azerbaijan: Oil reserves, per unit of GDP was 0.0203 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Azerbaijan, 1997–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
The most recent figure for oil reserves, per unit of gdp in Azerbaijan is 0.0203 cubic meters per US$ of GDP, measured in 2021.
The figure is down 22.1% on the previous year and up 20.3% over ten years.
Over the whole period, oil reserves, per unit of gdp in Azerbaijan peaked at 0.1529 cubic meters per US$ of GDP in 2003 and was at its lowest, 0.0148 cubic meters per US$ of GDP, in 2014.
Azerbaijan ranks 14th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Azerbaijan, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0473 cubic meters per US$ of GDP | — |
| 1998 | 0.0421 cubic meters per US$ of GDP | -10.9% |
| 1999 | 0.0409 cubic meters per US$ of GDP | -2.9% |
| 2000 | 0.0355 cubic meters per US$ of GDP | -13.1% |
| 2001 | 0.0328 cubic meters per US$ of GDP | -7.6% |
| 2002 | 0.03 cubic meters per US$ of GDP | -8.5% |
| 2003 | 0.1529 cubic meters per US$ of GDP | +409.3% |
| 2004 | 0.1282 cubic meters per US$ of GDP | -16.2% |
| 2005 | 0.084 cubic meters per US$ of GDP | -34.5% |
| 2006 | 0.053 cubic meters per US$ of GDP | -36.9% |
| 2007 | 0.0337 cubic meters per US$ of GDP | -36.5% |
| 2008 | 0.0228 cubic meters per US$ of GDP | -32.3% |
| 2009 | 0.0251 cubic meters per US$ of GDP | +10.3% |
| 2010 | 0.021 cubic meters per US$ of GDP | -16.3% |
| 2011 | 0.0169 cubic meters per US$ of GDP | -19.8% |
| 2012 | 0.016 cubic meters per US$ of GDP | -5.3% |
| 2013 | 0.015 cubic meters per US$ of GDP | -6.0% |
| 2014 | 0.0148 cubic meters per US$ of GDP | -1.4% |
| 2015 | 0.021 cubic meters per US$ of GDP | +41.8% |
| 2016 | 0.0294 cubic meters per US$ of GDP | +40.2% |
| 2017 | 0.0272 cubic meters per US$ of GDP | -7.3% |
| 2018 | 0.0236 cubic meters per US$ of GDP | -13.3% |
| 2019 | 0.0231 cubic meters per US$ of GDP | -2.2% |
| 2020 | 0.0261 cubic meters per US$ of GDP | +12.8% |
| 2021 | 0.0203 cubic meters per US$ of GDP | -22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0434 cubic meters per US$ of GDP | 0.0409 cubic meters per US$ of GDP | 0.0473 cubic meters per US$ of GDP | 3 |
| 2000s | 0.0598 cubic meters per US$ of GDP | 0.0228 cubic meters per US$ of GDP | 0.1529 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0208 cubic meters per US$ of GDP | 0.0148 cubic meters per US$ of GDP | 0.0294 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0232 cubic meters per US$ of GDP | 0.0203 cubic meters per US$ of GDP | 0.0261 cubic meters per US$ of GDP | 2 |
Countries ranked near Azerbaijan
- 11 Sudan 0.0232 cubic meters per US$ of GDP compare
- 12 Qatar 0.0223 cubic meters per US$ of GDP compare
- 13 Yemen 0.0221 cubic meters per US$ of GDP compare
- 15 Gabon 0.0164 cubic meters per US$ of GDP compare
- 16 Angola 0.0158 cubic meters per US$ of GDP compare
- 17 Equatorial Guinea 0.0143 cubic meters per US$ of GDP compare
More energy & mining data for Azerbaijan
- Fuel imports 5.5% (2025)
- Ores and metals imports 1.2% (2025)
- Ores and metals exports 1.5% (2025)
- Gas production 378.42 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 36,394 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 378.42 terawatt-hours (2025)
- Gas production per person 36,394 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is oil reserves, per unit of gdp in Azerbaijan?
- Oil reserves, per unit of gdp in Azerbaijan was 0.0203 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Azerbaijan?
- The highest recorded value was 0.1529 cubic meters per US$ of GDP in 2003.
- What is the lowest oil reserves, per unit of gdp recorded in Azerbaijan?
- The lowest recorded value was 0.0148 cubic meters per US$ of GDP in 2014.
- How does Azerbaijan rank for oil reserves, per unit of gdp?
- Azerbaijan ranks 14th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 20.3%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.