Services, value added in Azerbaijan

Azerbaijan: Services, value added was 11.12 billion constant LCU in 2025. ◆ Volatile

Latest (2025)
11.12 billion constant LCU
Change on year
up 3.3%
World rank
159th
of 198 countries
All-time high
11.12 billion constant LCU
in 2025
All-time low
1.52 billion constant LCU
in 1996
Years of data
34
1992–2025

Services, value added in Azerbaijan, 1992–2025

2.0B4.0B6.0B8.0B10.0B12.0B1992200820251992: 2.2B constant LCU1993: 1.9B constant LCU1994: 1.8B constant LCU1995: 1.6B constant LCU1996: 1.5B constant LCU1997: 1.6B constant LCU1998: 1.6B constant LCU1999: 1.8B constant LCU2000: 2.0B constant LCU2001: 2.3B constant LCU2002: 2.4B constant LCU2003: 2.6B constant LCU2004: 2.9B constant LCU2005: 3.1B constant LCU2006: 3.7B constant LCU2007: 4.1B constant LCU2008: 4.6B constant LCU2009: 5.0B constant LCU2010: 5.4B constant LCU2011: 5.8B constant LCU2012: 6.2B constant LCU2013: 6.7B constant LCU2014: 7.4B constant LCU2015: 7.9B constant LCU2016: 7.7B constant LCU2017: 8.0B constant LCU2018: 8.4B constant LCU2019: 8.7B constant LCU2020: 8.3B constant LCU2021: 8.9B constant LCU2022: 9.8B constant LCU2023: 10.1B constant LCU2024: 10.8B constant LCU2025: 11.1B constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

In 2025, services, value added in Azerbaijan stood at 11.12 billion constant LCU. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 3.3% on the previous year and up 41.1% over ten years.

Over the whole period, services, value added in Azerbaijan peaked at 11.12 billion constant LCU in 2025 and was at its lowest, 1.52 billion constant LCU, in 1996.

That places Azerbaijan 159th out of 198 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.76 billion constant LCU 1.52 billion constant LCU 2.20 billion constant LCU 8
2000s 3.27 billion constant LCU 1.95 billion constant LCU 5.00 billion constant LCU 10
2010s 7.22 billion constant LCU 5.37 billion constant LCU 8.73 billion constant LCU 10
2020s 9.84 billion constant LCU 8.30 billion constant LCU 11.12 billion constant LCU 6

Countries ranked near Azerbaijan

  1. 156 Malta 16.23 billion constant LCU compare
  2. 157 Lesotho 14.03 billion constant LCU compare
  3. 158 Barbados 11.28 billion constant LCU compare
  4. 160 Bahamas 10.63 billion constant LCU compare
  5. 161 Greenland 10.29 billion constant LCU compare
  6. 162 Suriname 9.69 billion constant LCU compare

See the full ranking of 198 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is services, value added in Azerbaijan?
Services, value added in Azerbaijan was 11.12 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Azerbaijan?
The highest recorded value was 11.12 billion constant LCU in 2025.
What is the lowest services, value added recorded in Azerbaijan?
The lowest recorded value was 1.52 billion constant LCU in 1996.
How does Azerbaijan rank for services, value added?
Azerbaijan ranks 159th out of 198 countries with data for 2025.
Is services, value added rising or falling in Azerbaijan?
Over the last ten years it is up 41.1%. 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 Services, value added (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Services, value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 7,954 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 varies by country. This series is expressed in local currency units.