Value Added (Total Manufacturing) — Share of GDP Standard Local in Azerbaijan

Azerbaijan: Value Added (Total Manufacturing) — Share of GDP Standard Local was 5.78 % in 2023. ◆ Volatile

Latest (2023)
5.78 %
Change on year
up 9.4%
World rank
152nd
of 202 countries
All-time high
21.88 %
in 1992
All-time low
3.99 %
in 2011
Years of data
33
1991–2023

Value Added (Total Manufacturing) — Share of GDP Standard Local in Azerbaijan, 1991–2023

51015201991200720231991: 16.7 %1992: 21.9 %1993: 17.9 %1994: 12.7 %1995: 11.5 %1996: 10.4 %1997: 8.4 %1998: 8.3 %1999: 6 %2000: 5.3 %2001: 6.2 %2002: 7.4 %2003: 8.6 %2004: 8.3 %2005: 6.5 %2006: 5.8 %2007: 5 %2008: 4.7 %2009: 5.5 %2010: 4.7 %2011: 4 %2012: 4.2 %2013: 4.2 %2014: 4.7 %2015: 5 %2016: 4.9 %2017: 4.7 %2018: 4.6 %2019: 5 %2020: 6.1 %2021: 6.4 %2022: 5.3 %2023: 5.8 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for value added (total manufacturing) — share of gdp standard local in Azerbaijan is 5.78 %, measured in 2023.

The figure is up 9.4% on the previous year and up 37.1% over ten years.

Over the whole period, value added (total manufacturing) — share of gdp standard local in Azerbaijan peaked at 21.88 % in 1992 and was at its lowest, 3.99 %, in 2011.

That places Azerbaijan 152nd out of 202 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Share of GDP Standard Local in Azerbaijan, year by year

Annual values for Value Added (Total Manufacturing) — Share of GDP Standard Local Currency in Azerbaijan, 1991 to 2023.
Year % Change
1991 16.66 %
1992 21.88 % +31.3%
1993 17.89 % -18.2%
1994 12.67 % -29.2%
1995 11.53 % -8.9%
1996 10.43 % -9.6%
1997 8.39 % -19.5%
1998 8.32 % -0.8%
1999 6.04 % -27.4%
2000 5.29 % -12.4%
2001 6.19 % +16.9%
2002 7.43 % +20.1%
2003 8.64 % +16.2%
2004 8.28 % -4.1%
2005 6.49 % -21.7%
2006 5.77 % -11.0%
2007 4.98 % -13.7%
2008 4.71 % -5.6%
2009 5.53 % +17.4%
2010 4.74 % -14.3%
2011 3.99 % -15.8%
2012 4.24 % +6.3%
2013 4.22 % -0.6%
2014 4.71 % +11.7%
2015 4.99 % +6.0%
2016 4.89 % -2.0%
2017 4.7 % -3.9%
2018 4.62 % -1.7%
2019 5 % +8.3%
2020 6.1 % +21.9%
2021 6.42 % +5.2%
2022 5.28 % -17.7%
2023 5.78 % +9.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.65 % 6.04 % 21.88 % 9
2000s 6.33 % 4.71 % 8.64 % 10
2010s 4.61 % 3.99 % 5 % 10
2020s 5.9 % 5.28 % 6.42 % 4

Countries ranked near Azerbaijan

  1. 149 Netherlands Antilles (former) 5.89 % compare
  2. 150 Belize 5.85 % compare
  3. 151 Sao Tome and Principe 5.8 % compare
  4. 153 Botswana 5.63 % compare
  5. 154 Barbados 5.6 % compare
  6. 155 Seychelles 5.56 % compare

See the full ranking of 218 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is value added (total manufacturing) — share of gdp standard local in Azerbaijan?
Value added (total manufacturing) — share of gdp standard local in Azerbaijan was 5.78 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — share of gdp standard local recorded in Azerbaijan?
The highest recorded value was 21.88 % in 1992.
What is the lowest value added (total manufacturing) — share of gdp standard local recorded in Azerbaijan?
The lowest recorded value was 3.99 % in 2011.
How does Azerbaijan rank for value added (total manufacturing) — share of gdp standard local?
Azerbaijan ranks 152nd out of 202 countries with data for 2023.
Is value added (total manufacturing) — share of gdp standard local rising or falling in Azerbaijan?
Over the last ten years it is up 37.1%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Share of GDP Standard Local Currency. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Share of GDP Standard Local in Azerbaijan. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-share-of-gdp-standard-local-currency/azerbaijan/

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About this data

Indicator
Value Added (Total Manufacturing) — Share of GDP Standard Local Currency
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
218 places, 10,797 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).