Machinery and transport equipment in Azerbaijan
Azerbaijan: Machinery and transport equipment was 8.6% in 2023. ▼ Falling
Machinery and transport equipment in Azerbaijan, 2001–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Azerbaijan recorded 8.6% for machinery and transport equipment in 2023.
The figure is up 41.0% on the previous year and up 3.0% over ten years.
Over the whole period, machinery and transport equipment in Azerbaijan peaked at 17.4% in 2005 and was at its lowest, 5.5%, in 2012.
Azerbaijan ranks 72nd of 149 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Machinery and transport equipment in Azerbaijan, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 2001 | 11.4% | — |
| 2002 | 11.6% | +2.0% |
| 2003 | 9.6% | -17.7% |
| 2004 | 8.7% | -9.5% |
| 2005 | 17.4% | +100.9% |
| 2006 | 11.7% | -32.5% |
| 2007 | 9.4% | -20.2% |
| 2008 | 5.5% | -41.0% |
| 2009 | 6.2% | +11.7% |
| 2010 | 5.7% | -7.4% |
| 2011 | 5.7% | -0.7% |
| 2012 | 5.5% | -3.0% |
| 2013 | 8.4% | +52.1% |
| 2014 | 9.2% | +9.5% |
| 2015 | 14.7% | +60.9% |
| 2016 | 14.0% | -5.1% |
| 2017 | 8.9% | -36.2% |
| 2018 | 7.9% | -11.1% |
| 2019 | 8.7% | +9.5% |
| 2020 | 6.1% | -29.5% |
| 2021 | 6.2% | +1.7% |
| 2022 | 6.1% | -1.8% |
| 2023 | 8.6% | +41.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 8.6% is above the median for upper middle income countries, which is 6.8%, 1.3× the median. (46 countries reporting)
- Azerbaijan's 8.6% is below the median for Europe & Central Asia, which is 18.9%, 46% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.2% | 5.5% | 17.4% | 9 |
| 2010s | 8.9% | 5.5% | 14.7% | 10 |
| 2020s | 6.8% | 6.1% | 8.6% | 4 |
Countries ranked near Azerbaijan
- 69 Bosnia and Herzegovina 9.0% compare
- 70 Venezuela, Bolivarian Republic of 8.9%
- 71 Papua New Guinea 8.8%
- 73 Greece 8.4% compare
- 74 Congo, Democratic Republic of the 7.8% compare
- 74 Congo 7.8% 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 machinery and transport equipment in Azerbaijan?
- Machinery and transport equipment in Azerbaijan was 8.6% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Azerbaijan?
- The highest recorded value was 17.4% in 2005.
- What is the lowest machinery and transport equipment recorded in Azerbaijan?
- The lowest recorded value was 5.5% in 2012.
- How does Azerbaijan rank for machinery and transport equipment?
- Azerbaijan ranks 72nd out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Azerbaijan?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is falling.
- Where does this Azerbaijan data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).