Gross National Income — Value Standard Local Currency in Azerbaijan
Azerbaijan: Gross National Income — Value Standard Local Currency was 122,227 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Azerbaijan, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in Azerbaijan stood at 122,227 million SLC.
Compared with earlier readings it is down 8.2% on the previous year and up 121.1% over ten years.
Over the whole period, gross national income — value standard local currency in Azerbaijan peaked at 133,125 million SLC in 2022 and was at its lowest, 0.5344 million SLC, in 1991.
That places Azerbaijan 133rd out of 202 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Azerbaijan, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 0.5344 million SLC | — |
| 1992 | 4.82 million SLC | +802.0% |
| 1993 | 31.43 million SLC | +552.0% |
| 1994 | 374.88 million SLC | +1092.8% |
| 1995 | 2,130 million SLC | +468.3% |
| 1996 | 2,725 million SLC | +27.9% |
| 1997 | 3,151 million SLC | +15.6% |
| 1998 | 3,452 million SLC | +9.6% |
| 1999 | 3,929 million SLC | +13.8% |
| 2000 | 4,634 million SLC | +17.9% |
| 2001 | 5,181 million SLC | +11.8% |
| 2002 | 5,874 million SLC | +13.4% |
| 2003 | 6,899 million SLC | +17.5% |
| 2004 | 8,026 million SLC | +16.3% |
| 2005 | 11,094 million SLC | +38.2% |
| 2006 | 16,502 million SLC | +48.7% |
| 2007 | 24,216 million SLC | +46.7% |
| 2008 | 36,012 million SLC | +48.7% |
| 2009 | 32,974 million SLC | -8.4% |
| 2010 | 39,922 million SLC | +21.1% |
| 2011 | 48,519 million SLC | +21.5% |
| 2012 | 51,645 million SLC | +6.4% |
| 2013 | 55,288 million SLC | +7.1% |
| 2014 | 57,322 million SLC | +3.7% |
| 2015 | 52,641 million SLC | -8.2% |
| 2016 | 56,794 million SLC | +7.9% |
| 2017 | 67,679 million SLC | +19.2% |
| 2018 | 76,251 million SLC | +12.7% |
| 2019 | 78,742 million SLC | +3.3% |
| 2020 | 72,119 million SLC | -8.4% |
| 2021 | 92,614 million SLC | +28.4% |
| 2022 | 133,125 million SLC | +43.7% |
| 2023 | 122,227 million SLC | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,755 million SLC | 0.5344 million SLC | 3,929 million SLC | 9 |
| 2000s | 15,141 million SLC | 4,634 million SLC | 36,012 million SLC | 10 |
| 2010s | 58,480 million SLC | 39,922 million SLC | 78,742 million SLC | 10 |
| 2020s | 105,021 million SLC | 72,119 million SLC | 133,125 million SLC | 4 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) -0.7582 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2868 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,126 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -0.7583 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2173 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,611 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.73 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4529 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Azerbaijan?
- Gross national income — value standard local currency in Azerbaijan was 122,227 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Azerbaijan?
- The highest recorded value was 133,125 million SLC in 2022.
- What is the lowest gross national income — value standard local currency recorded in Azerbaijan?
- The lowest recorded value was 0.5344 million SLC in 1991.
- How does Azerbaijan rank for gross national income — value standard local currency?
- Azerbaijan ranks 133rd out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Azerbaijan?
- Over the last ten years it is up 121.1%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).