Azerbaijan: Services, value added (current US$)

Key figures

What the numbers say

In 2025, Azerbaijan's services, value added (current US$) rose 8.7% on 2024 (from US$31.63 billion to US$34.4 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +17.4% and a typical year strayed about 24.6% from that (the standard deviation). This year's change was 0.4 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 339.9% in 1993 and the biggest yearly fall was 93% in 1992. 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 US$2.27 billion 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.

How it compares

In 2025, Azerbaijan had the 78th highest value of the 158 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

• Congo, Dem. Rep. — 75th of 158: US$43.66 billion
• Tunisia — 76th of 158: US$36.05 billion
• Jordan — 77th of 158: US$34.97 billion
• Cyprus — 79th of 158: US$31.68 billion
• Myanmar — 80th of 158: US$31.44 billion
• Latvia — 81st of 158: US$31.24 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 36 values

Services, value added (current US$) in nearby economies

• Albania — US$15.18 billion (2025)
• Andorra — US$3.5 billion (2025)
• Armenia — US$17.94 billion (2025)
• Austria — US$371.15 billion (2025)
• Belarus — US$46.68 billion (2025)
• Belgium — US$516.76 billion (2025)
• Bosnia and Herzegovina — US$18.81 billion (2025)
• Bulgaria — US$82.8 billion (2025)
• Croatia — US$64.01 billion (2025)
• Cyprus — US$31.68 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
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Questions people ask

What is Azerbaijan's services, value added (current US$)?

US$34.4 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 1,014% from US$3.09 billion in 1990 (7.13% a year on average, compounded). The highest value was US$34.4 billion in 2025 and the lowest US$128.16 million in 1992.

How does Azerbaijan rank?

78th highest of 158 economies with data for 2025.

Is the latest change in services, value added (current US$) unusual for Azerbaijan?

In 2025, Azerbaijan's services, value added (current US$) rose 8.7% on 2024 (from US$31.63 billion to US$34.4 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +17.4% and a typical year strayed about 24.6% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NV.SRV.TOTL.CD, 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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