Value Added (Total Manufacturing) — Value Standard Local Currency in Azerbaijan
Azerbaijan: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0558 million SLC per square kilometre in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Azerbaijan is 0.0558 million SLC per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
The figure is up 9.8% on the previous year and up 81.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Azerbaijan peaked at 0.0558 million SLC per square kilometre in 2023 and was at its lowest, 0.0117 million SLC per square kilometre, in 1996.
That places Azerbaijan 163rd out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Azerbaijan, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1992 | 0.0268 million SLC per square kilometre | — |
| 1993 | 0.0211 million SLC per square kilometre | -21.4% |
| 1994 | 0.0159 million SLC per square kilometre | -24.4% |
| 1995 | 0.0125 million SLC per square kilometre | -21.3% |
| 1996 | 0.0117 million SLC per square kilometre | -6.7% |
| 1997 | 0.0118 million SLC per square kilometre | +0.9% |
| 1998 | 0.0119 million SLC per square kilometre | +1.2% |
| 1999 | 0.0125 million SLC per square kilometre | +4.3% |
| 2000 | 0.0136 million SLC per square kilometre | +9.3% |
| 2001 | 0.0142 million SLC per square kilometre | +4.1% |
| 2002 | 0.0153 million SLC per square kilometre | +8.2% |
| 2003 | 0.0175 million SLC per square kilometre | +14.0% |
| 2004 | 0.0193 million SLC per square kilometre | +10.5% |
| 2005 | 0.0225 million SLC per square kilometre | +16.3% |
| 2006 | 0.0245 million SLC per square kilometre | +9.0% |
| 2007 | 0.027 million SLC per square kilometre | +10.2% |
| 2008 | 0.0289 million SLC per square kilometre | +7.1% |
| 2009 | 0.0253 million SLC per square kilometre | -12.6% |
| 2010 | 0.027 million SLC per square kilometre | +6.8% |
| 2011 | 0.0288 million SLC per square kilometre | +6.8% |
| 2012 | 0.0301 million SLC per square kilometre | +4.7% |
| 2013 | 0.0308 million SLC per square kilometre | +2.1% |
| 2014 | 0.0319 million SLC per square kilometre | +3.7% |
| 2015 | 0.0328 million SLC per square kilometre | +2.9% |
| 2016 | 0.0324 million SLC per square kilometre | -1.3% |
| 2017 | 0.0321 million SLC per square kilometre | -1.1% |
| 2018 | 0.0341 million SLC per square kilometre | +6.4% |
| 2019 | 0.0377 million SLC per square kilometre | +10.4% |
| 2020 | 0.0413 million SLC per square kilometre | +9.6% |
| 2021 | 0.0494 million SLC per square kilometre | +19.5% |
| 2022 | 0.0508 million SLC per square kilometre | +2.9% |
| 2023 | 0.0558 million SLC per square kilometre | +9.8% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.0558 million SLC per square kilometre is below the median for upper middle income countries, which is 0.4142 million SLC per square kilometre, 13% of the median. (54 countries reporting)
- Azerbaijan's 0.0558 million SLC per square kilometre is below the median for Europe & Central Asia, which is 0.6076 million SLC per square kilometre, 9% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0155 million SLC per square kilometre | 0.0117 million SLC per square kilometre | 0.0268 million SLC per square kilometre | 8 |
| 2000s | 0.0208 million SLC per square kilometre | 0.0136 million SLC per square kilometre | 0.0289 million SLC per square kilometre | 10 |
| 2010s | 0.0318 million SLC per square kilometre | 0.027 million SLC per square kilometre | 0.0377 million SLC per square kilometre | 10 |
| 2020s | 0.0493 million SLC per square kilometre | 0.0413 million SLC per square kilometre | 0.0558 million SLC per square kilometre | 4 |
Countries ranked near Azerbaijan
- 160 Ecuador 0.0634 million SLC per square kilometre compare
- 161 Dominica 0.0608 million SLC per square kilometre compare
- 162 Tonga 0.056 million SLC per square kilometre compare
- 164 Fiji 0.0538 million SLC per square kilometre compare
- 165 Latvia 0.0513 million SLC per square kilometre compare
- 166 Panama 0.0463 million SLC per square kilometre 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 value added (total manufacturing) — value standard local currency in Azerbaijan?
- Value added (total manufacturing) — value standard local currency in Azerbaijan was 0.0558 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Azerbaijan?
- The highest recorded value was 0.0558 million SLC per square kilometre in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Azerbaijan?
- The lowest recorded value was 0.0117 million SLC per square kilometre in 1996.
- How does Azerbaijan rank for value added (total manufacturing) — value standard local currency?
- Azerbaijan ranks 163rd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Azerbaijan?
- Over the last ten years it is up 81.2%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.