Azerbaijans GDP (PPP) is estimated at $194.1 billion in 2025. Oil and gas dominate, contributing over 40% of GDP and nearly all exports. The PPP adjustment reflects a low cost of living, amplifying GDP compared to nominal values. Diversification into agriculture, tourism, and technology is slow, with infrastructure like the Baku-Tbilisi-Ceyhan pipeline supporting growth. Authoritarian governance and corruption deter foreign investment, while tensions with Armenia pose risks. Azerbaijans economic future depends on balancing resource wealth with broader development.