Services, value added in Azerbaijan
Azerbaijan: Services, value added was 11.12 billion constant LCU in 2025. ◆ Volatile
Services, value added in Azerbaijan, 1992–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, services, value added in Azerbaijan stood at 11.12 billion constant LCU. That is the highest value across all 34 years on record.
Compared with earlier readings it 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 11.12 billion constant LCU in 2025 and was at its lowest, 1.52 billion constant LCU, in 1996.
That places Azerbaijan 159th out of 199 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Azerbaijan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 2.20 billion constant LCU | — |
| 1993 | 1.93 billion constant LCU | -12.4% |
| 1994 | 1.84 billion constant LCU | -4.7% |
| 1995 | 1.62 billion constant LCU | -11.9% |
| 1996 | 1.52 billion constant LCU | -5.9% |
| 1997 | 1.56 billion constant LCU | +2.7% |
| 1998 | 1.60 billion constant LCU | +2.2% |
| 1999 | 1.83 billion constant LCU | +14.9% |
| 2000 | 1.95 billion constant LCU | +6.3% |
| 2001 | 2.28 billion constant LCU | +17.1% |
| 2002 | 2.42 billion constant LCU | +6.0% |
| 2003 | 2.63 billion constant LCU | +8.7% |
| 2004 | 2.87 billion constant LCU | +9.0% |
| 2005 | 3.14 billion constant LCU | +9.5% |
| 2006 | 3.68 billion constant LCU | +17.1% |
| 2007 | 4.10 billion constant LCU | +11.4% |
| 2008 | 4.63 billion constant LCU | +13.0% |
| 2009 | 5.00 billion constant LCU | +7.8% |
| 2010 | 5.37 billion constant LCU | +7.5% |
| 2011 | 5.75 billion constant LCU | +7.1% |
| 2012 | 6.22 billion constant LCU | +8.2% |
| 2013 | 6.74 billion constant LCU | +8.3% |
| 2014 | 7.38 billion constant LCU | +9.5% |
| 2015 | 7.89 billion constant LCU | +6.9% |
| 2016 | 7.68 billion constant LCU | -2.6% |
| 2017 | 8.04 billion constant LCU | +4.7% |
| 2018 | 8.38 billion constant LCU | +4.1% |
| 2019 | 8.73 billion constant LCU | +4.2% |
| 2020 | 8.30 billion constant LCU | -4.8% |
| 2021 | 8.95 billion constant LCU | +7.8% |
| 2022 | 9.82 billion constant LCU | +9.7% |
| 2023 | 10.10 billion constant LCU | +2.9% |
| 2024 | 10.77 billion constant LCU | +6.6% |
| 2025 | 11.12 billion constant LCU | +3.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 11.12 billion constant LCU is below the median for upper middle income countries, which is 353.44 billion constant LCU, 3% of the median. (58 countries reporting)
- Azerbaijan's 11.12 billion constant LCU is below the median for Europe & Central Asia, which is 280.65 billion constant LCU, 4% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.76 billion constant LCU | 1.52 billion constant LCU | 2.20 billion constant LCU | 8 |
| 2000s | 3.27 billion constant LCU | 1.95 billion constant LCU | 5.00 billion constant LCU | 10 |
| 2010s | 7.22 billion constant LCU | 5.37 billion constant LCU | 8.73 billion constant LCU | 10 |
| 2020s | 9.84 billion constant LCU | 8.30 billion constant LCU | 11.12 billion constant 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 services, value added in Azerbaijan?
- Services, value added in Azerbaijan was 11.12 billion constant LCU 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 11.12 billion constant LCU in 2025.
- What is the lowest services, value added recorded in Azerbaijan?
- The lowest recorded value was 1.52 billion constant LCU in 1996.
- How does Azerbaijan rank for services, value added?
- Azerbaijan ranks 159th out of 199 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 LCU). 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 defence, 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 varies by country. This series is expressed in local currency units.