Gross value added at basic prices (GVA) (current US$) in Azerbaijan
Azerbaijan: Gross value added at basic prices (GVA) (current US$) was 68.64 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Azerbaijan is 68.64 billion current US$, measured in 2025.
That represents a change of up 2.3% on the previous year and up 42.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Azerbaijan peaked at 72.94 billion current US$ in 2022 and was at its lowest, 406.50 million current US$, in 1992.
That places Azerbaijan 86th out of 207 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in Azerbaijan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 8.11 billion current US$ | — |
| 1991 | 5.04 billion current US$ | -37.9% |
| 1992 | 406.50 million current US$ | -91.9% |
| 1993 | 1.49 billion current US$ | +267.6% |
| 1994 | 1.17 billion current US$ | -21.7% |
| 1995 | 2.23 billion current US$ | +90.7% |
| 1996 | 2.86 billion current US$ | +28.1% |
| 1997 | 3.67 billion current US$ | +28.4% |
| 1998 | 4.26 billion current US$ | +16.2% |
| 1999 | 4.40 billion current US$ | +3.2% |
| 2000 | 4.95 billion current US$ | +12.4% |
| 2001 | 5.26 billion current US$ | +6.3% |
| 2002 | 5.74 billion current US$ | +9.1% |
| 2003 | 6.72 billion current US$ | +17.1% |
| 2004 | 8.05 billion current US$ | +19.9% |
| 2005 | 12.24 billion current US$ | +52.0% |
| 2006 | 19.84 billion current US$ | +62.0% |
| 2007 | 30.87 billion current US$ | +55.6% |
| 2008 | 45.58 billion current US$ | +47.6% |
| 2009 | 40.80 billion current US$ | -10.5% |
| 2010 | 49.33 billion current US$ | +20.9% |
| 2011 | 62.08 billion current US$ | +25.9% |
| 2012 | 65.36 billion current US$ | +5.3% |
| 2013 | 69.22 billion current US$ | +5.9% |
| 2014 | 69.61 billion current US$ | +0.6% |
| 2015 | 48.33 billion current US$ | -30.6% |
| 2016 | 34.78 billion current US$ | -28.0% |
| 2017 | 37.96 billion current US$ | +9.1% |
| 2018 | 43.47 billion current US$ | +14.5% |
| 2019 | 43.84 billion current US$ | +0.9% |
| 2020 | 38.66 billion current US$ | -11.8% |
| 2021 | 50.37 billion current US$ | +30.3% |
| 2022 | 72.94 billion current US$ | +44.8% |
| 2023 | 65.74 billion current US$ | -9.9% |
| 2024 | 67.13 billion current US$ | +2.1% |
| 2025 | 68.64 billion current US$ | +2.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 68.64 billion current US$ is above the median for upper middle income countries, which is 39.41 billion current US$, 1.7× the median. (58 countries reporting)
- Azerbaijan's 68.64 billion current US$ is below the median for Europe & Central Asia, which is 89.25 billion current US$, 77% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (current US$) 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 |
|---|---|---|---|
| 1993 | +267.6% | 406.50 million current US$ | 1.49 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.36 billion current US$ | 406.50 million current US$ | 8.11 billion current US$ | 10 |
| 2000s | 18.00 billion current US$ | 4.95 billion current US$ | 45.58 billion current US$ | 10 |
| 2010s | 52.40 billion current US$ | 34.78 billion current US$ | 69.61 billion current US$ | 10 |
| 2020s | 60.58 billion current US$ | 38.66 billion current US$ | 72.94 billion current US$ | 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 68.64 billion current US$ 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 72.94 billion current US$ in 2022.
- What is the lowest gross value added at basic prices (gva) recorded in Azerbaijan?
- The lowest recorded value was 406.50 million current US$ in 1992.
- How does Azerbaijan rank for gross value added at basic prices (gva)?
- Azerbaijan ranks 86th 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 42.0%. 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) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.