Gross value added at basic prices (GVA) in Azerbaijan

Azerbaijan: Gross value added at basic prices (GVA) was 54.51 billion constant 2015 US$ in 2025. ◆ Volatile

Latest (2025)
54.51 billion constant 2015 US$
Change on year
up 1.2%
World rank
82nd
of 193 countries
All-time high
54.51 billion constant 2015 US$
in 2025
All-time low
8.58 billion constant 2015 US$
in 1995
Years of data
34
1992–2025

Gross value added at basic prices (GVA) in Azerbaijan, 1992–2025

10.0B20.0B30.0B40.0B50.0B1992200820251992: 14.7B constant 2015 US$1993: 11.8B constant 2015 US$1994: 9.7B constant 2015 US$1995: 8.6B constant 2015 US$1996: 8.7B constant 2015 US$1997: 9.4B constant 2015 US$1998: 10.4B constant 2015 US$1999: 11.1B constant 2015 US$2000: 10.9B constant 2015 US$2001: 12.0B constant 2015 US$2002: 13.1B constant 2015 US$2003: 14.4B constant 2015 US$2004: 15.7B constant 2015 US$2005: 20.3B constant 2015 US$2006: 27.7B constant 2015 US$2007: 35.0B constant 2015 US$2008: 38.6B constant 2015 US$2009: 42.4B constant 2015 US$2010: 44.4B constant 2015 US$2011: 43.4B constant 2015 US$2012: 44.2B constant 2015 US$2013: 46.7B constant 2015 US$2014: 47.9B constant 2015 US$2015: 48.3B constant 2015 US$2016: 46.9B constant 2015 US$2017: 46.9B constant 2015 US$2018: 47.6B constant 2015 US$2019: 48.8B constant 2015 US$2020: 46.6B constant 2015 US$2021: 49.1B constant 2015 US$2022: 51.3B constant 2015 US$2023: 51.8B constant 2015 US$2024: 53.8B constant 2015 US$2025: 54.5B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

Azerbaijan recorded 54.51 billion constant 2015 US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 34 years on record.

That represents a change of up 1.2% on the previous year and up 12.8% over ten years.

Over the whole period, gross value added at basic prices (gva) in Azerbaijan peaked at 54.51 billion constant 2015 US$ in 2025 and was at its lowest, 8.58 billion constant 2015 US$, in 1995.

That places Azerbaijan 82nd out of 193 countries with data for 2025, putting it 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

DecadeAverage LowestHighest Years
1990s 10.54 billion constant 2015 US$ 8.58 billion constant 2015 US$ 14.67 billion constant 2015 US$ 8
2000s 23.02 billion constant 2015 US$ 10.94 billion constant 2015 US$ 42.45 billion constant 2015 US$ 10
2010s 46.51 billion constant 2015 US$ 43.36 billion constant 2015 US$ 48.76 billion constant 2015 US$ 10
2020s 51.19 billion constant 2015 US$ 46.64 billion constant 2015 US$ 54.51 billion constant 2015 US$ 6

Countries ranked near Azerbaijan

  1. 79 Uruguay 59.28 billion constant 2015 US$ compare
  2. 80 Croatia 58.80 billion constant 2015 US$ compare
  3. 81 Bulgaria 58.39 billion constant 2015 US$ compare
  4. 83 Belarus 54.42 billion constant 2015 US$ compare
  5. 84 Lithuania 51.15 billion constant 2015 US$ compare
  6. 85 Uganda 49.38 billion constant 2015 US$ compare

See the full ranking of 227 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is gross value added at basic prices (gva) in Azerbaijan?
Gross value added at basic prices (gva) in Azerbaijan was 54.51 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Azerbaijan?
The highest recorded value was 54.51 billion constant 2015 US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Azerbaijan?
The lowest recorded value was 8.58 billion constant 2015 US$ in 1995.
How does Azerbaijan rank for gross value added at basic prices (gva)?
Azerbaijan ranks 82nd out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Azerbaijan?
Over the last ten years it is up 12.8%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.