Gross value added at basic prices (GVA) (constant 2015 US$) in Azerbaijan
Azerbaijan: Gross value added at basic prices (GVA) (constant 2015 US$) was 54.51 billion constant 2015 US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Azerbaijan, 1992–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Azerbaijan recorded 54.51 billion constant 2015 US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 34 years on record.
That represents a change of up 1.2% on the previous year and up 12.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Azerbaijan peaked at 54.51 billion constant 2015 US$ in 2025 and was at its lowest, 8.58 billion constant 2015 US$, in 1995.
That places Azerbaijan 82nd out of 194 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$) in Azerbaijan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1992 | 14.67 billion constant 2015 US$ | — |
| 1993 | 11.76 billion constant 2015 US$ | -19.8% |
| 1994 | 9.73 billion constant 2015 US$ | -17.3% |
| 1995 | 8.58 billion constant 2015 US$ | -11.8% |
| 1996 | 8.69 billion constant 2015 US$ | +1.3% |
| 1997 | 9.39 billion constant 2015 US$ | +8.0% |
| 1998 | 10.39 billion constant 2015 US$ | +10.7% |
| 1999 | 11.14 billion constant 2015 US$ | +7.2% |
| 2000 | 10.94 billion constant 2015 US$ | -1.8% |
| 2001 | 11.96 billion constant 2015 US$ | +9.4% |
| 2002 | 13.06 billion constant 2015 US$ | +9.2% |
| 2003 | 14.38 billion constant 2015 US$ | +10.1% |
| 2004 | 15.70 billion constant 2015 US$ | +9.2% |
| 2005 | 20.34 billion constant 2015 US$ | +29.5% |
| 2006 | 27.74 billion constant 2015 US$ | +36.4% |
| 2007 | 35.03 billion constant 2015 US$ | +26.3% |
| 2008 | 38.62 billion constant 2015 US$ | +10.2% |
| 2009 | 42.45 billion constant 2015 US$ | +9.9% |
| 2010 | 44.38 billion constant 2015 US$ | +4.5% |
| 2011 | 43.36 billion constant 2015 US$ | -2.3% |
| 2012 | 44.19 billion constant 2015 US$ | +1.9% |
| 2013 | 46.70 billion constant 2015 US$ | +5.7% |
| 2014 | 47.93 billion constant 2015 US$ | +2.6% |
| 2015 | 48.33 billion constant 2015 US$ | +0.8% |
| 2016 | 46.92 billion constant 2015 US$ | -2.9% |
| 2017 | 46.89 billion constant 2015 US$ | -0.1% |
| 2018 | 47.59 billion constant 2015 US$ | +1.5% |
| 2019 | 48.76 billion constant 2015 US$ | +2.5% |
| 2020 | 46.64 billion constant 2015 US$ | -4.4% |
| 2021 | 49.11 billion constant 2015 US$ | +5.3% |
| 2022 | 51.29 billion constant 2015 US$ | +4.4% |
| 2023 | 51.76 billion constant 2015 US$ | +0.9% |
| 2024 | 53.84 billion constant 2015 US$ | +4.0% |
| 2025 | 54.51 billion constant 2015 US$ | +1.2% |
Azerbaijan compared with similar countries
- Azerbaijan's 54.51 billion constant 2015 US$ is above the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 1.2× the median. (57 countries reporting)
- Azerbaijan's 54.51 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 77% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.54 billion constant 2015 US$ | 8.58 billion constant 2015 US$ | 14.67 billion constant 2015 US$ | 8 |
| 2000s | 23.02 billion constant 2015 US$ | 10.94 billion constant 2015 US$ | 42.45 billion constant 2015 US$ | 10 |
| 2010s | 46.51 billion constant 2015 US$ | 43.36 billion constant 2015 US$ | 48.76 billion constant 2015 US$ | 10 |
| 2020s | 51.19 billion constant 2015 US$ | 46.64 billion constant 2015 US$ | 54.51 billion constant 2015 US$ | 6 |
Countries ranked near Azerbaijan
- 79 Uruguay 59.28 billion constant 2015 US$ compare
- 80 Croatia 58.80 billion constant 2015 US$ compare
- 81 Bulgaria 58.39 billion constant 2015 US$ compare
- 83 Belarus 54.42 billion constant 2015 US$ compare
- 84 Lithuania 51.15 billion constant 2015 US$ compare
- 85 Uganda 49.38 billion constant 2015 US$ compare
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)
- SDRs holdings, US dollar, annual growth rate -4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.58 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Azerbaijan?
- Gross value added at basic prices (gva) in Azerbaijan was 54.51 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Azerbaijan?
- The highest recorded value was 54.51 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Azerbaijan?
- The lowest recorded value was 8.58 billion constant 2015 US$ in 1995.
- How does Azerbaijan rank for gross value added at basic prices (gva)?
- Azerbaijan ranks 82nd out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Azerbaijan?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.