Azerbaijan: Services, value added (constant LCU)

Key figures

What the numbers say

In 2025, Azerbaijan's services, value added (constant LCU) rose 3.3% on 2024 (from 10.77 billion to 11.12 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +6.3% and a typical year strayed about 6.4% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 17.1% in 2006 and the biggest yearly fall was 12.4% in 1993. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 379.5 million a year. A straight line explains 93% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 11.73 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 619.04 million, against 845.55 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Azerbaijan had the 142nd highest value of the 161 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Azerbaijan in the 2025 ranking

• El Salvador — 139th of 161: 17.48 billion
• Malta — 140th of 161: 16.23 billion
• Lesotho — 141st of 161: 14.03 billion
• Bahrain — 143rd of 161: 9.05 billion
• Brunei Darussalam — 144th of 161: 8.07 billion
• Fiji — 145th of 161: 7.17 billion

What this measures

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.

All 34 values

Services, value added (constant LCU) in nearby economies

• Albania — 1.08 trillion (2025)
• Andorra — 2.43 billion (2025)
• Armenia — 4.48 trillion (2025)
• Austria — 268.97 billion (2025)
• Belarus — 100.12 billion (2025)
• Belgium — 378.4 billion (2025)
• Bosnia and Herzegovina — 24.83 billion (2025)
• Bulgaria — 49.35 billion (2025)
• Croatia — 42.03 billion (2025)
• Cyprus — 23.41 billion (2025)
• Czechia

More economic policy & debt data for Azerbaijan

• Adjusted savings, education expenditure (% of GNI) — 3.9% (2021)
• Adjusted savings, mineral depletion (current US$) — US$138.93 million (2021)
• Adjusted savings, energy depletion (current US$) — US$8.51 billion (2021)
• General government final consumption expenditure (current US$) — US$11.79 billion (2025)
• General government final consumption expenditure (current LCU) — 20.05 billion (2025)
• General government final consumption expenditure (% of GDP) — 15.53% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$45.08 billion (2025)
• Households and NPISHs final consumption expenditure (current LCU) — 76.64 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Azerbaijan's services, value added (constant LCU)?

11.12 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is up 405.91% from 2.2 billion in 1992 (5.04% a year on average, compounded). The highest value was 11.12 billion in 2025 and the lowest 1.52 billion in 1996.

Source

World Bank, World Development Indicators, indicator NV.SRV.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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