Gross value added at basic prices (GVA) in Azerbaijan

Azerbaijan: Gross value added at basic prices (GVA) was 68.64 billion current US$ in 2025. ◆ Volatile

Latest (2025)
68.64 billion current US$
Change on year
up 2.3%
World rank
86th
of 206 countries
All-time high
72.94 billion current US$
in 2022
All-time low
406.50 million current US$
in 1992
Years of data
36
1990–2025

Gross value added at basic prices (GVA) in Azerbaijan, 1990–2025

020.0B40.0B60.0B80.0B1990200720251990: 8.1B current US$1991: 5.0B current US$1992: 406.5M current US$1993: 1.5B current US$1994: 1.2B current US$1995: 2.2B current US$1996: 2.9B current US$1997: 3.7B current US$1998: 4.3B current US$1999: 4.4B current US$2000: 4.9B current US$2001: 5.3B current US$2002: 5.7B current US$2003: 6.7B current US$2004: 8.1B current US$2005: 12.2B current US$2006: 19.8B current US$2007: 30.9B current US$2008: 45.6B current US$2009: 40.8B current US$2010: 49.3B current US$2011: 62.1B current US$2012: 65.4B current US$2013: 69.2B current US$2014: 69.6B current US$2015: 48.3B current US$2016: 34.8B current US$2017: 38.0B current US$2018: 43.5B current US$2019: 43.8B current US$2020: 38.7B current US$2021: 50.4B current US$2022: 72.9B current US$2023: 65.7B current US$2024: 67.1B current US$2025: 68.6B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in Azerbaijan is 68.64 billion current US$, measured in 2025.

That represents a change of up 2.3% on the previous year and up 42.0% over ten years.

Over the whole period, gross value added at basic prices (gva) in Azerbaijan peaked at 72.94 billion current US$ in 2022 and was at its lowest, 406.50 million current US$, in 1992.

That places Azerbaijan 86th out of 206 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 3.36 billion current US$ 406.50 million current US$ 8.11 billion current US$ 10
2000s 18.00 billion current US$ 4.95 billion current US$ 45.58 billion current US$ 10
2010s 52.40 billion current US$ 34.78 billion current US$ 69.61 billion current US$ 10
2020s 60.58 billion current US$ 38.66 billion current US$ 72.94 billion current US$ 6

Countries ranked near Azerbaijan

  1. 83 Uruguay 75.48 billion current US$ compare
  2. 84 Tanzania 73.42 billion current US$ compare
  3. 85 Slovenia 70.58 billion current US$ compare
  4. 87 Sudan 60.16 billion current US$ compare
  5. 88 Uganda 57.33 billion current US$ compare
  6. 89 Jordan 55.26 billion current US$ compare

See the full ranking of 244 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 68.64 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Azerbaijan?
The highest recorded value was 72.94 billion current US$ in 2022.
What is the lowest gross value added at basic prices (gva) recorded in Azerbaijan?
The lowest recorded value was 406.50 million current US$ in 1992.
How does Azerbaijan rank for gross value added at basic prices (gva)?
Azerbaijan ranks 86th out of 206 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 42.0%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.