Value Added (Total Manufacturing) — Value Standard Local Currency in Azerbaijan
Azerbaijan: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.4182 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Azerbaijan, 1993–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Azerbaijan recorded 0.4182 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.
That represents a change of down 97.7% on the previous year and down 92.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Azerbaijan peaked at 744.18 % change on previous year in 1994 and was at its lowest, -20.36 % change on previous year, in 1999.
Azerbaijan ranks 180th of 231 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Azerbaijan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 433.08 % change on previous year | — |
| 1994 | 744.18 % change on previous year | +71.8% |
| 1995 | 418.64 % change on previous year | -43.7% |
| 1996 | 15.8 % change on previous year | -96.2% |
| 1997 | -6.98 % change on previous year | -144.2% |
| 1998 | 8.03 % change on previous year | -215.1% |
| 1999 | -20.36 % change on previous year | -353.4% |
| 2000 | 9.48 % change on previous year | -146.6% |
| 2001 | 31.72 % change on previous year | +234.6% |
| 2002 | 36.97 % change on previous year | +16.6% |
| 2003 | 37 % change on previous year | +0.1% |
| 2004 | 14.48 % change on previous year | -60.9% |
| 2005 | 14.97 % change on previous year | +3.4% |
| 2006 | 33.21 % change on previous year | +121.8% |
| 2007 | 30.61 % change on previous year | -7.8% |
| 2008 | 33.62 % change on previous year | +9.8% |
| 2009 | 4.16 % change on previous year | -87.6% |
| 2010 | 2.27 % change on previous year | -45.5% |
| 2011 | 3.25 % change on previous year | +43.2% |
| 2012 | 11.78 % change on previous year | +262.8% |
| 2013 | 5.64 % change on previous year | -52.1% |
| 2014 | 13.25 % change on previous year | +134.8% |
| 2015 | -2.3 % change on previous year | -117.3% |
| 2016 | 8.93 % change on previous year | -488.9% |
| 2017 | 11.81 % change on previous year | +32.2% |
| 2018 | 11.94 % change on previous year | +1.1% |
| 2019 | 10.75 % change on previous year | -10.0% |
| 2020 | 8.07 % change on previous year | -24.9% |
| 2021 | 35.1 % change on previous year | +335.1% |
| 2022 | 18.31 % change on previous year | -47.8% |
| 2023 | 0.4182 % change on previous year | -97.7% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.4182 % change on previous year is below the median for upper middle income countries, which is 5.07 % change on previous year, 8% of the median. (54 countries reporting)
- Azerbaijan's 0.4182 % change on previous year is below the median for Europe & Central Asia, which is 4.42 % change on previous year, 9% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 227.48 % change on previous year | -20.36 % change on previous year | 744.18 % change on previous year | 7 |
| 2000s | 24.62 % change on previous year | 4.16 % change on previous year | 37 % change on previous year | 10 |
| 2010s | 7.73 % change on previous year | -2.3 % change on previous year | 13.25 % change on previous year | 10 |
| 2020s | 15.47 % change on previous year | 0.4182 % change on previous year | 35.1 % change on previous year | 4 |
Countries ranked near Azerbaijan
- 177 Bermuda 0.9383 % change on previous year compare
- 178 Bhutan 0.925 % change on previous year compare
- 179 Gabon 0.7919 % change on previous year compare
- 181 Dominican Republic 0.3891 % change on previous year compare
- 182 Malaysia 0.2498 % change on previous year compare
- 183 Liechtenstein 0.2371 % change on previous year 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 0.4182 % change on previous year 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 744.18 % change on previous year in 1994.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Azerbaijan?
- The lowest recorded value was -20.36 % change on previous year in 1999.
- How does Azerbaijan rank for value added (total manufacturing) — value standard local currency?
- Azerbaijan ranks 180th out of 231 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 down 92.6%. The long-run trend across the full record is volatile.
- 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, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.