Services, value added in Azerbaijan
Azerbaijan: Services, value added was 34.40 billion current US$ in 2025. ◆ Volatile
Services, value added in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for services, value added in Azerbaijan is 34.40 billion current US$, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 8.7% on the previous year and up 59.4% over ten years.
Over the whole period, services, value added in Azerbaijan peaked at 34.40 billion current US$ in 2025 and was at its lowest, 128.16 million current US$, in 1992.
That places Azerbaijan 88th out of 206 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Azerbaijan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 3.09 billion current US$ | — |
| 1991 | 1.83 billion current US$ | -40.7% |
| 1992 | 128.16 million current US$ | -93.0% |
| 1993 | 563.79 million current US$ | +339.9% |
| 1994 | 453.90 million current US$ | -19.5% |
| 1995 | 917.18 million current US$ | +102.1% |
| 1996 | 979.94 million current US$ | +6.8% |
| 1997 | 1.42 billion current US$ | +44.8% |
| 1998 | 1.93 billion current US$ | +35.8% |
| 1999 | 1.79 billion current US$ | -7.2% |
| 2000 | 1.89 billion current US$ | +5.5% |
| 2001 | 1.97 billion current US$ | +4.3% |
| 2002 | 2.02 billion current US$ | +2.8% |
| 2003 | 2.32 billion current US$ | +14.8% |
| 2004 | 2.76 billion current US$ | +18.8% |
| 2005 | 3.32 billion current US$ | +20.4% |
| 2006 | 4.93 billion current US$ | +48.5% |
| 2007 | 7.19 billion current US$ | +45.8% |
| 2008 | 11.56 billion current US$ | +60.7% |
| 2009 | 13.87 billion current US$ | +20.0% |
| 2010 | 14.93 billion current US$ | +7.6% |
| 2011 | 18.28 billion current US$ | +22.4% |
| 2012 | 20.57 billion current US$ | +12.5% |
| 2013 | 23.36 billion current US$ | +13.5% |
| 2014 | 25.72 billion current US$ | +10.1% |
| 2015 | 21.58 billion current US$ | -16.1% |
| 2016 | 14.89 billion current US$ | -31.0% |
| 2017 | 15.58 billion current US$ | +4.6% |
| 2018 | 16.62 billion current US$ | +6.7% |
| 2019 | 17.81 billion current US$ | +7.1% |
| 2020 | 18.08 billion current US$ | +1.5% |
| 2021 | 20.67 billion current US$ | +14.3% |
| 2022 | 25.27 billion current US$ | +22.3% |
| 2023 | 28.80 billion current US$ | +13.9% |
| 2024 | 31.63 billion current US$ | +9.9% |
| 2025 | 34.40 billion current US$ | +8.7% |
Azerbaijan compared with similar countries
- Azerbaijan's 34.40 billion current US$ is above the median for upper middle income countries, which is 24.02 billion current US$, 1.4× the median. (58 countries reporting)
- Azerbaijan's 34.40 billion current US$ is below the median for Europe & Central Asia, which is 66.18 billion current US$, 52% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Services, value added in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +339.9% | 128.16 million current US$ | 563.79 million current US$ |
| 1992 | -93.0% | 1.83 billion current US$ | 128.16 million current US$ |
| 1995 | +102.1% | 453.90 million current US$ | 917.18 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.31 billion current US$ | 128.16 million current US$ | 3.09 billion current US$ | 10 |
| 2000s | 5.18 billion current US$ | 1.89 billion current US$ | 13.87 billion current US$ | 10 |
| 2010s | 18.93 billion current US$ | 14.89 billion current US$ | 25.72 billion current US$ | 10 |
| 2020s | 26.48 billion current US$ | 18.08 billion current US$ | 34.40 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)
- 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Azerbaijan?
- Services, value added in Azerbaijan was 34.40 billion current US$ 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 34.40 billion current US$ in 2025.
- What is the lowest services, value added recorded in Azerbaijan?
- The lowest recorded value was 128.16 million current US$ in 1992.
- How does Azerbaijan rank for services, value added?
- Azerbaijan ranks 88th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Azerbaijan?
- Over the last ten years it is up 59.4%. 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 (current 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.