Gross value added at basic prices (GVA) (constant LCU) in Azerbaijan
Azerbaijan: Gross value added at basic prices (GVA) (constant LCU) was 31.02 billion constant LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Azerbaijan, 1992–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Azerbaijan recorded 31.02 billion constant LCU 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 31.02 billion constant LCU in 2025 and was at its lowest, 4.88 billion constant LCU, in 1995.
Azerbaijan ranks 150th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU) in Azerbaijan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 8.35 billion constant LCU | — |
| 1993 | 6.69 billion constant LCU | -19.8% |
| 1994 | 5.53 billion constant LCU | -17.3% |
| 1995 | 4.88 billion constant LCU | -11.8% |
| 1996 | 4.95 billion constant LCU | +1.3% |
| 1997 | 5.34 billion constant LCU | +8.0% |
| 1998 | 5.91 billion constant LCU | +10.7% |
| 1999 | 6.34 billion constant LCU | +7.2% |
| 2000 | 6.22 billion constant LCU | -1.8% |
| 2001 | 6.81 billion constant LCU | +9.4% |
| 2002 | 7.43 billion constant LCU | +9.2% |
| 2003 | 8.19 billion constant LCU | +10.1% |
| 2004 | 8.94 billion constant LCU | +9.2% |
| 2005 | 11.58 billion constant LCU | +29.5% |
| 2006 | 15.79 billion constant LCU | +36.4% |
| 2007 | 19.94 billion constant LCU | +26.3% |
| 2008 | 21.98 billion constant LCU | +10.2% |
| 2009 | 24.16 billion constant LCU | +9.9% |
| 2010 | 25.26 billion constant LCU | +4.5% |
| 2011 | 24.68 billion constant LCU | -2.3% |
| 2012 | 25.15 billion constant LCU | +1.9% |
| 2013 | 26.58 billion constant LCU | +5.7% |
| 2014 | 27.28 billion constant LCU | +2.6% |
| 2015 | 27.51 billion constant LCU | +0.8% |
| 2016 | 26.70 billion constant LCU | -2.9% |
| 2017 | 26.69 billion constant LCU | -0.1% |
| 2018 | 27.08 billion constant LCU | +1.5% |
| 2019 | 27.75 billion constant LCU | +2.5% |
| 2020 | 26.54 billion constant LCU | -4.4% |
| 2021 | 27.95 billion constant LCU | +5.3% |
| 2022 | 29.19 billion constant LCU | +4.4% |
| 2023 | 29.46 billion constant LCU | +0.9% |
| 2024 | 30.64 billion constant LCU | +4.0% |
| 2025 | 31.02 billion constant LCU | +1.2% |
Azerbaijan compared with similar countries
- Azerbaijan's 31.02 billion constant LCU is below the median for upper middle income countries, which is 504.09 billion constant LCU, 6% of the median. (57 countries reporting)
- Azerbaijan's 31.02 billion constant LCU is below the median for Europe & Central Asia, which is 405.98 billion constant LCU, 8% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.00 billion constant LCU | 4.88 billion constant LCU | 8.35 billion constant LCU | 8 |
| 2000s | 13.10 billion constant LCU | 6.22 billion constant LCU | 24.16 billion constant LCU | 10 |
| 2010s | 26.47 billion constant LCU | 24.68 billion constant LCU | 27.75 billion constant LCU | 10 |
| 2020s | 29.13 billion constant LCU | 26.54 billion constant LCU | 31.02 billion constant LCU | 6 |
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)
- 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 31.02 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Azerbaijan?
- The highest recorded value was 31.02 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Azerbaijan?
- The lowest recorded value was 4.88 billion constant LCU in 1995.
- How does Azerbaijan rank for gross value added at basic prices (gva)?
- Azerbaijan ranks 150th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.