Services, value added (constant 2015 US$) in Azerbaijan
Azerbaijan: Services, value added (constant 2015 US$) was 30.43 billion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in Azerbaijan, 1992–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Azerbaijan is 30.43 billion constant 2015 US$, measured in 2025. That is the highest value across all 34 years on record.
The figure is up 3.3% on the previous year and up 41.1% over ten years.
Over the whole period, services, value added in Azerbaijan peaked at 30.43 billion constant 2015 US$ in 2025 and was at its lowest, 4.17 billion constant 2015 US$, in 1996.
Azerbaijan ranks 85th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$) in Azerbaijan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1992 | 6.02 billion constant 2015 US$ | — |
| 1993 | 5.27 billion constant 2015 US$ | -12.4% |
| 1994 | 5.02 billion constant 2015 US$ | -4.7% |
| 1995 | 4.43 billion constant 2015 US$ | -11.9% |
| 1996 | 4.17 billion constant 2015 US$ | -5.9% |
| 1997 | 4.28 billion constant 2015 US$ | +2.7% |
| 1998 | 4.37 billion constant 2015 US$ | +2.2% |
| 1999 | 5.02 billion constant 2015 US$ | +14.9% |
| 2000 | 5.34 billion constant 2015 US$ | +6.3% |
| 2001 | 6.25 billion constant 2015 US$ | +17.1% |
| 2002 | 6.62 billion constant 2015 US$ | +6.0% |
| 2003 | 7.20 billion constant 2015 US$ | +8.7% |
| 2004 | 7.85 billion constant 2015 US$ | +9.0% |
| 2005 | 8.60 billion constant 2015 US$ | +9.5% |
| 2006 | 10.06 billion constant 2015 US$ | +17.1% |
| 2007 | 11.21 billion constant 2015 US$ | +11.4% |
| 2008 | 12.68 billion constant 2015 US$ | +13.0% |
| 2009 | 13.67 billion constant 2015 US$ | +7.8% |
| 2010 | 14.70 billion constant 2015 US$ | +7.5% |
| 2011 | 15.74 billion constant 2015 US$ | +7.1% |
| 2012 | 17.03 billion constant 2015 US$ | +8.2% |
| 2013 | 18.44 billion constant 2015 US$ | +8.3% |
| 2014 | 20.19 billion constant 2015 US$ | +9.5% |
| 2015 | 21.58 billion constant 2015 US$ | +6.9% |
| 2016 | 21.02 billion constant 2015 US$ | -2.6% |
| 2017 | 22.01 billion constant 2015 US$ | +4.7% |
| 2018 | 22.92 billion constant 2015 US$ | +4.1% |
| 2019 | 23.87 billion constant 2015 US$ | +4.2% |
| 2020 | 22.72 billion constant 2015 US$ | -4.8% |
| 2021 | 24.49 billion constant 2015 US$ | +7.8% |
| 2022 | 26.87 billion constant 2015 US$ | +9.7% |
| 2023 | 27.64 billion constant 2015 US$ | +2.9% |
| 2024 | 29.47 billion constant 2015 US$ | +6.6% |
| 2025 | 30.43 billion constant 2015 US$ | +3.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 30.43 billion constant 2015 US$ is above the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 1.1× the median. (58 countries reporting)
- Azerbaijan's 30.43 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 47.31 billion constant 2015 US$, 64% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.82 billion constant 2015 US$ | 4.17 billion constant 2015 US$ | 6.02 billion constant 2015 US$ | 8 |
| 2000s | 8.95 billion constant 2015 US$ | 5.34 billion constant 2015 US$ | 13.67 billion constant 2015 US$ | 10 |
| 2010s | 19.75 billion constant 2015 US$ | 14.70 billion constant 2015 US$ | 23.87 billion constant 2015 US$ | 10 |
| 2020s | 26.94 billion constant 2015 US$ | 22.72 billion constant 2015 US$ | 30.43 billion constant 2015 US$ | 6 |
Countries ranked near Azerbaijan
- 82 Slovenia 31.30 billion constant 2015 US$ compare
- 83 Tanzania 31.09 billion constant 2015 US$ compare
- 84 Tunisia 30.93 billion constant 2015 US$ compare
- 86 Belarus 29.76 billion constant 2015 US$ compare
- 87 Jordan 29.71 billion constant 2015 US$ compare
- 88 Libya 28.43 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)
- 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 services, value added in Azerbaijan?
- Services, value added in Azerbaijan was 30.43 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Azerbaijan?
- The highest recorded value was 30.43 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Azerbaijan?
- The lowest recorded value was 4.17 billion constant 2015 US$ in 1996.
- How does Azerbaijan rank for services, value added?
- Azerbaijan ranks 85th out of 196 countries with data for 2025.
- Is services, value added rising or falling in Azerbaijan?
- Over the last ten years it is up 41.1%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.