Industry (including construction), value added in Azerbaijan
Azerbaijan: Industry (including construction), value added was 21.78 billion constant 2015 US$ in 2025. ◆ Volatile
Industry (including construction), value added in Azerbaijan, 1992–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, industry (including construction), value added in Azerbaijan stood at 21.78 billion constant 2015 US$.
Compared with earlier readings it is down 0.8% on the previous year and down 8.6% over ten years.
Over the whole period, industry (including construction), value added in Azerbaijan peaked at 24.57 billion constant 2015 US$ in 2010 and was at its lowest, 3.38 billion constant 2015 US$, in 1995.
That places Azerbaijan 72nd out of 196 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Azerbaijan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1992 | 7.16 billion constant 2015 US$ | — |
| 1993 | 5.36 billion constant 2015 US$ | -25.1% |
| 1994 | 3.90 billion constant 2015 US$ | -27.3% |
| 1995 | 3.38 billion constant 2015 US$ | -13.4% |
| 1996 | 3.63 billion constant 2015 US$ | +7.3% |
| 1997 | 4.27 billion constant 2015 US$ | +17.7% |
| 1998 | 5.03 billion constant 2015 US$ | +17.9% |
| 1999 | 5.17 billion constant 2015 US$ | +2.6% |
| 2000 | 4.48 billion constant 2015 US$ | -13.2% |
| 2001 | 4.61 billion constant 2015 US$ | +2.8% |
| 2002 | 5.31 billion constant 2015 US$ | +15.2% |
| 2003 | 6.05 billion constant 2015 US$ | +14.1% |
| 2004 | 6.77 billion constant 2015 US$ | +11.9% |
| 2005 | 9.72 billion constant 2015 US$ | +43.4% |
| 2006 | 14.56 billion constant 2015 US$ | +49.8% |
| 2007 | 19.34 billion constant 2015 US$ | +32.9% |
| 2008 | 21.22 billion constant 2015 US$ | +9.7% |
| 2009 | 23.47 billion constant 2015 US$ | +10.6% |
| 2010 | 24.57 billion constant 2015 US$ | +4.7% |
| 2011 | 23.52 billion constant 2015 US$ | -4.3% |
| 2012 | 23.28 billion constant 2015 US$ | -1.0% |
| 2013 | 24.30 billion constant 2015 US$ | +4.4% |
| 2014 | 24.40 billion constant 2015 US$ | +0.4% |
| 2015 | 23.83 billion constant 2015 US$ | -2.4% |
| 2016 | 22.46 billion constant 2015 US$ | -5.8% |
| 2017 | 21.77 billion constant 2015 US$ | -3.1% |
| 2018 | 21.62 billion constant 2015 US$ | -0.7% |
| 2019 | 21.88 billion constant 2015 US$ | +1.2% |
| 2020 | 20.78 billion constant 2015 US$ | -5.0% |
| 2021 | 21.43 billion constant 2015 US$ | +3.1% |
| 2022 | 21.52 billion constant 2015 US$ | +0.4% |
| 2023 | 21.46 billion constant 2015 US$ | -0.3% |
| 2024 | 21.95 billion constant 2015 US$ | +2.3% |
| 2025 | 21.78 billion constant 2015 US$ | -0.8% |
Azerbaijan compared with similar countries
- Azerbaijan's 21.78 billion constant 2015 US$ is above the median for upper middle income countries, which is 14.23 billion constant 2015 US$, 1.5× the median. (58 countries reporting)
- Azerbaijan's 21.78 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 21.78 billion constant 2015 US$, 1.0× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.74 billion constant 2015 US$ | 3.38 billion constant 2015 US$ | 7.16 billion constant 2015 US$ | 8 |
| 2000s | 11.55 billion constant 2015 US$ | 4.48 billion constant 2015 US$ | 23.47 billion constant 2015 US$ | 10 |
| 2010s | 23.16 billion constant 2015 US$ | 21.62 billion constant 2015 US$ | 24.57 billion constant 2015 US$ | 10 |
| 2020s | 21.49 billion constant 2015 US$ | 20.78 billion constant 2015 US$ | 21.95 billion constant 2015 US$ | 6 |
Countries ranked near Azerbaijan
- 69 Guyana 25.92 billion constant 2015 US$ compare
- 70 Tanzania 23.04 billion constant 2015 US$ compare
- 71 Ghana 22.94 billion constant 2015 US$ compare
- 73 Belarus 21.77 billion constant 2015 US$ compare
- 74 Hong Kong 21.30 billion constant 2015 US$ compare
- 75 Cote d'Ivoire 19.43 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)
- 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Azerbaijan?
- Industry (including construction), value added in Azerbaijan was 21.78 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Azerbaijan?
- The highest recorded value was 24.57 billion constant 2015 US$ in 2010.
- What is the lowest industry (including construction), value added recorded in Azerbaijan?
- The lowest recorded value was 3.38 billion constant 2015 US$ in 1995.
- How does Azerbaijan rank for industry (including construction), value added?
- Azerbaijan ranks 72nd out of 196 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Azerbaijan?
- Over the last ten years it is down 8.6%. 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 Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.