Value Added (Total Manufacturing) — Value Standard Local Currency in Azerbaijan
Azerbaijan: Value Added (Total Manufacturing) — Value Standard Local Currency was 7,108 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Azerbaijan, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Azerbaijan recorded 7,108 million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 33 years on record.
The figure is up 0.4% on the previous year and up 189.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Azerbaijan peaked at 7,108 million SLC in 2023 and was at its lowest, 0.089 million SLC, in 1991.
Azerbaijan ranks 148th of 215 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 151.66 million SLC | 0.089 million SLC | 286.4 million SLC | 9 |
| 2000s | 951.7 million SLC | 249.7 million SLC | 1,967 million SLC | 10 |
| 2010s | 2,842 million SLC | 2,012 million SLC | 4,098 million SLC | 10 |
| 2020s | 6,149 million SLC | 4,428 million SLC | 7,108 million SLC | 4 |
Countries ranked near Azerbaijan
- 145 Sierra Leone 10,478 million SLC compare
- 146 Croatia 9,458 million SLC compare
- 147 Sudan (former) 9,384 million SLC compare
- 149 Bosnia and Herzegovina 6,631 million SLC compare
- 150 Georgia 6,625 million SLC compare
- 151 Jordan 6,255 million SLC compare
More economy & growth data for Azerbaijan
- External balance on goods and services as a percent of gdp 6.21 (2025)
- Inflation of consumer prices 5.62 (2025)
- Gdp per capita worldbank constant usd 5,936 (2025)
- Manufacturing value added to gdp 5.98 (2025)
- Gdp worldbank constant usd 60.82 billion (2025)
- Gdp per capita in international and market dollars 5,936 (2025)
- DEC alternative conversion factor 1.7 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 742.14 million current US$ (2025)
- Taxes less subsidies on products 12.40 billion current LCU (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 7,108 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Azerbaijan?
- The highest recorded value was 7,108 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Azerbaijan?
- The lowest recorded value was 0.089 million SLC in 1991.
- How does Azerbaijan rank for value added (total manufacturing) — value standard local currency?
- Azerbaijan ranks 148th out of 215 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 189.8%. 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) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
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).