Value Added (Total Manufacturing) — Value US$ in Azerbaijan
Azerbaijan: Value Added (Total Manufacturing) — Value US$ was 4,181 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Azerbaijan, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$ in Azerbaijan stood at 4,181 million USD. That is the highest value across all 33 years on record.
That represents a change of up 0.4% on the previous year and up 33.7% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Azerbaijan peaked at 4,181 million USD in 2023 and was at its lowest, 276.79 million USD, in 1999.
That places Azerbaijan 112th out of 236 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Azerbaijan, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 1,115 million USD | — |
| 1992 | 1,159 million USD | +4.0% |
| 1993 | 746.17 million USD | -35.6% |
| 1994 | 433.42 million USD | -41.9% |
| 1995 | 355.36 million USD | -18.0% |
| 1996 | 331.3 million USD | -6.8% |
| 1997 | 332.59 million USD | +0.4% |
| 1998 | 370.12 million USD | +11.3% |
| 1999 | 276.79 million USD | -25.2% |
| 2000 | 279.05 million USD | +0.8% |
| 2001 | 353.16 million USD | +26.6% |
| 2002 | 463.4 million USD | +31.2% |
| 2003 | 628.42 million USD | +35.6% |
| 2004 | 719.04 million USD | +14.4% |
| 2005 | 859.3 million USD | +19.5% |
| 2006 | 1,211 million USD | +41.0% |
| 2007 | 1,647 million USD | +36.0% |
| 2008 | 2,299 million USD | +39.6% |
| 2009 | 2,448 million USD | +6.5% |
| 2010 | 2,507 million USD | +2.4% |
| 2011 | 2,630 million USD | +4.9% |
| 2012 | 2,955 million USD | +12.4% |
| 2013 | 3,126 million USD | +5.8% |
| 2014 | 3,542 million USD | +13.3% |
| 2015 | 2,649 million USD | -25.2% |
| 2016 | 1,853 million USD | -30.1% |
| 2017 | 1,921 million USD | +3.7% |
| 2018 | 2,177 million USD | +13.3% |
| 2019 | 2,410 million USD | +10.7% |
| 2020 | 2,605 million USD | +8.1% |
| 2021 | 3,519 million USD | +35.1% |
| 2022 | 4,164 million USD | +18.3% |
| 2023 | 4,181 million USD | +0.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 4,181 million USD is below the median for upper middle income countries, which is 4,472 million USD, 93% of the median. (54 countries reporting)
- Azerbaijan's 4,181 million USD is below the median for Europe & Central Asia, which is 15,638 million USD, 27% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 568.81 million USD | 276.79 million USD | 1,159 million USD | 9 |
| 2000s | 1,091 million USD | 279.05 million USD | 2,448 million USD | 10 |
| 2010s | 2,577 million USD | 1,853 million USD | 3,542 million USD | 10 |
| 2020s | 3,617 million USD | 2,605 million USD | 4,181 million USD | 4 |
Countries ranked near Azerbaijan
- 109 Sudan (former) 4,655 million USD compare
- 110 Bolivia (Plurinational State of) 4,597 million USD compare
- 111 Senegal 4,482 million USD compare
- 113 Panama 3,903 million USD compare
- 114 Bosnia and Herzegovina 3,665 million USD compare
- 115 Trinidad and Tobago 3,633 million USD 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Azerbaijan?
- Value added (total manufacturing) — value us$ in Azerbaijan was 4,181 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Azerbaijan?
- The highest recorded value was 4,181 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Azerbaijan?
- The lowest recorded value was 276.79 million USD in 1999.
- How does Azerbaijan rank for value added (total manufacturing) — value us$?
- Azerbaijan ranks 112th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Azerbaijan?
- Over the last ten years it is up 33.7%. 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 US$. 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).