🇦🇿 Azerbaijan Gross value added at basic prices

Azerbaijan Gross value added at basic prices was $67.04B in 2024, up 2.0% from 2023, according to World Bank data. The 10-year average is $50.31B. Historical data available from 1990 to 2024 (35 data points). The all-time high was $72.94B in 2022.

Source: World Bank World Development Indicators • 1990202435 data pointsEconomy & Growth

Latest Value
$67.04B
2024
Year-on-Year
+2.0%
vs 2023
10-Year Average
$50.31B
20152024
Range
High: $72.94B (2022)
Low: $406.50M (1992)

Azerbaijan Gross value added at basic prices (GVA) (current US$)1990 to 2024

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About this Indicator

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.

Historical Data Table

YearValue
2024$67.04B
2023$65.74B
2022$72.94B
2021$50.37B
2020$38.66B
2019$43.84B
2018$43.47B
2017$37.96B
2016$34.78B
2015$48.33B

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