According to current projections, Azerbaijan’s population is expected to grow slowly over the next 25 or so years before reaching its peak population of 11.1 million people. Following this, the population will slowly decline down to 9.24 million people by the end of the century.
Azerbaijan’s current growth rate is 0.91%, adding over 91,000 people from 2019 to 2020. The population growth rate has decreased every year since 2015, and the trend is expected to continue until the population plateaus around 2045. The fertility rate in Azerbaijan is 2.08 births per woman, just below the population replacement level of 2.1.
As the fertility rate decreases, Azerbaijan will have an increasingly aging population. This will negatively impact the country’s economic productivity, as there will be fewer working-age people in the population.
Azerbaijan Population Growth
Azerbaijan, like many countries in similar circumstances, experienced a swell of growth after its independence. When Azerbaijan became a free republic from the Soviet Union in 1936, there was significant increase immigration, but that has since slowed significantly, and the annual growth rate has sat slightly above 1% since the early 2000s, creating a steady and sustainable amount of growth for the country.
Azerbaijan Population Projections
Although the growth in Azerbaijan has been relatively steady for the past few decades, it is expected to slow down, and even stop in the years to come. in the year 2020, it is predicted that the annual growth rate will be 0.98%, which will supposedly decrease an entire percentage point to -0.02@ by 2050, at which the population number will be virtually stagnant. After 2050, the population is supposed to decrease. The current projections believe that the population of Azerbaijan will be 10,099,743 in 2020, 10,680,202 in 2030, 10,988,920 in 2040, and 11,039,198 in 2050.