Gross value added at basic prices (GVA) in Azerbaijan
Azerbaijan: Gross value added at basic prices (GVA) was 116.70 billion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Azerbaijan recorded 116.70 billion current LCU for gross value added at basic prices (gva) in 2025.
The figure is up 2.3% on the previous year and up 135.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Azerbaijan peaked at 124.00 billion current LCU in 2022 and was at its lowest, 267,700 current LCU, in 1990.
Azerbaijan ranks 143rd of 207 countries on this measure, 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) in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 267,700 current LCU | — |
| 1991 | 504,100 current LCU | +88.3% |
| 1992 | 4.41 million current LCU | +774.1% |
| 1993 | 29.88 million current LCU | +578.1% |
| 1994 | 367.36 million current LCU | +1129.4% |
| 1995 | 1.97 billion current LCU | +435.9% |
| 1996 | 2.46 billion current LCU | +24.8% |
| 1997 | 2.92 billion current LCU | +19.0% |
| 1998 | 3.30 billion current LCU | +12.8% |
| 1999 | 3.63 billion current LCU | +9.9% |
| 2000 | 4.43 billion current LCU | +22.1% |
| 2001 | 4.90 billion current LCU | +10.6% |
| 2002 | 5.58 billion current LCU | +13.9% |
| 2003 | 6.60 billion current LCU | +18.3% |
| 2004 | 7.91 billion current LCU | +20.0% |
| 2005 | 11.58 billion current LCU | +46.3% |
| 2006 | 17.72 billion current LCU | +53.1% |
| 2007 | 26.49 billion current LCU | +49.5% |
| 2008 | 37.45 billion current LCU | +41.4% |
| 2009 | 32.79 billion current LCU | -12.4% |
| 2010 | 39.59 billion current LCU | +20.7% |
| 2011 | 49.03 billion current LCU | +23.8% |
| 2012 | 51.35 billion current LCU | +4.7% |
| 2013 | 54.30 billion current LCU | +5.7% |
| 2014 | 54.60 billion current LCU | +0.5% |
| 2015 | 49.52 billion current LCU | -9.3% |
| 2016 | 55.50 billion current LCU | +12.1% |
| 2017 | 65.33 billion current LCU | +17.7% |
| 2018 | 73.89 billion current LCU | +13.1% |
| 2019 | 74.53 billion current LCU | +0.9% |
| 2020 | 65.73 billion current LCU | -11.8% |
| 2021 | 85.62 billion current LCU | +30.3% |
| 2022 | 124.00 billion current LCU | +44.8% |
| 2023 | 111.76 billion current LCU | -9.9% |
| 2024 | 114.12 billion current LCU | +2.1% |
| 2025 | 116.70 billion current LCU | +2.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 116.70 billion current LCU is below the median for upper middle income countries, which is 896.75 billion current LCU, 13% of the median. (58 countries reporting)
- Azerbaijan's 116.70 billion current LCU is below the median for Europe & Central Asia, which is 380.52 billion current LCU, 31% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +1129.4% | 29.88 million current LCU | 367.36 million current LCU |
| 1992 | +774.1% | 504,100 current LCU | 4.41 million current LCU |
| 1993 | +578.1% | 4.41 million current LCU | 29.88 million current LCU |
| 1995 | +435.9% | 367.36 million current LCU | 1.97 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.47 billion current LCU | 267,700 current LCU | 3.63 billion current LCU | 10 |
| 2000s | 15.54 billion current LCU | 4.43 billion current LCU | 37.45 billion current LCU | 10 |
| 2010s | 56.77 billion current LCU | 39.59 billion current LCU | 74.53 billion current LCU | 10 |
| 2020s | 102.99 billion current LCU | 65.73 billion current LCU | 124.00 billion current 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (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 116.70 billion current LCU 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 124.00 billion current LCU in 2022.
- What is the lowest gross value added at basic prices (gva) recorded in Azerbaijan?
- The lowest recorded value was 267,700 current LCU in 1990.
- How does Azerbaijan rank for gross value added at basic prices (gva)?
- Azerbaijan ranks 143rd out of 207 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 135.6%. 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) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.