Azerbaijan GDP: USD: Gross Value Added at Factor Cost

1992 - 2020 | Yearly | USD mn | World Bank

Azerbaijan GDP: USD: Gross Value Added at Factor Cost data was reported at 38.494 USD bn in 2020. This records a decrease from the previous number of 43.843 USD bn for 2019. Azerbaijan GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 19.836 USD bn from Dec 1992 (Median) to 2020, with 29 observations. The data reached an all-time high of 69.618 USD bn in 2014 and a record low of 408.009 USD mn in 1992. Azerbaijan GDP: USD: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

View Azerbaijan's Azerbaijan GDP: USD: Gross Value Added at Factor Cost from 1992 to 2020 in the chart:

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Azerbaijan Azerbaijan GDP: USD: Gross Value Added at Factor Cost
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Azerbaijan Azerbaijan GDP: USD: Gross Value Added at Factor Cost

What was Azerbaijan's Azerbaijan GDP: USD: Gross Value Added at Factor Cost in 2020?

Last Previous Min Max Unit Frequency Range
38,493.941 2020 43,843.353 2019 408.009 1992 69,617.621 2014 USD mn yearly 1992 - 2020

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Azerbaijan Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 20,812.270 2027 yearly 1992 - 2027
Forecast: Nominal GDP Per Capita (USD) 8,511.798 2028 yearly 1992 - 2028
Forecast: Real GDP Growth (%) 2.572 2028 yearly 1993 - 2028
GDP Deflator Growth (%) 21.7 Dec 2022 quarterly Mar 2002 - Dec 2022
GDP per Capita (USD) 7,126.200 2023 yearly 1990 - 2023
Gross Fixed Capital Formation (USD mn) 2,409.000 Jun 2024 quarterly Mar 2001 - Jun 2024
Gross National Product (GNP) (USD mn) 69,157.059 2023 yearly 1990 - 2023
Gross Savings Rate (%) 26.8 Jun 2024 quarterly Mar 2001 - Jun 2024
Investment: % of GDP (%) 19.1 Jun 2024 quarterly Mar 2001 - Jun 2024
Nominal GDP (USD mn) 20,960.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Nominal GDP Growth (%) 2.381 Jun 2024 quarterly Mar 2002 - Jun 2024
Private Consumption Expenditure (USD mn) 10,069.647 Jun 2024 quarterly Mar 2001 - Jun 2024
Private Consumption: % of GDP (%) 44.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Public Consumption Expenditure (USD mn) 3,181.118 Jun 2024 quarterly Mar 2001 - Jun 2024
Public Consumption: % of GDP (%) 17.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Real GDP Growth (%) 4.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Total Trade of Goods & Services: % of Nominal GDP (%) 79.056 Mar 2024 quarterly Mar 2001 - Mar 2024
Production Last Frequency Range
Gold Production (kg) 3,175.000 2022 yearly 2007 - 2022
Industrial Production Index Growth (%) 8.2 Sep 2024 monthly Dec 2009 - Sep 2024
Minerals Production (Metric Ton) 61,270,470.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 4,537.000 2023 yearly 2013 - 2023
Silver Production (Metric Ton) 3.860 2021 yearly 2008 - 2021
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Forecast: Government Expenditure (AZN bn) 46.605 2029 yearly 1994 - 2029
Forecast: Government Net Debt (AZN bn) 27.493 2029 yearly 1995 - 2029
Forecast: Government Revenue (AZN bn) 45.680 2029 yearly 1994 - 2029
Government Debt: % of GDP (%) 16.8 2021 yearly 2008 - 2021
Tax Revenue (USD mn) 12,978.324 2023 yearly 1993 - 2023
National Government Debt (USD mn) 9,248.2 2021 yearly 2008 - 2021
Consolidated Fiscal Balance (USD mn) 1,507.471 Sep 2024 monthly Dec 2004 - Sep 2024
Tax Revenue: % of GDP (%) 17.9 2023 yearly 1993 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 4,966,400.000 Mar 2024 quarterly Mar 2008 - Mar 2024
Forecast: Population (Person mn) 11.000 2028 yearly 1992 - 2028
Forecast: Unemployment Rate (%) 5.098 2029 yearly 2000 - 2029
Labour Force Participation Rate (%) 70.2 2023 yearly 1990 - 2023
Labour Productivity Growth (%) 3.27 Jun 2024 quarterly Mar 2009 - Jun 2024
Monthly Earnings (USD) 584 Sep 2024 monthly Jan 1995 - Sep 2024
Population (Person mn) 10.2 2023 yearly 1925 - 2023
Unemployment Rate (%) 5.64 Mar 2023 quarterly Mar 2008 - Mar 2023
Domestic Trade and Household Survey Last Frequency Range
Household Expenditure per Capita (USD) 4,334.832 2023 yearly 2000 - 2023
Household Income per Capita (USD) 4,509.654 2023 yearly 2000 - 2023
Motor Vehicle Sales: Commercial Cars (Unit) 654.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 6,046.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 6,700 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) 67.5 2019 yearly 2006 - 2019
Retail Sales Growth (%) 6.6 Sep 2024 monthly Dec 2007 - Sep 2024
Number of Registered Vehicles (Unit) 1,738,940 2023 yearly 1990 - 2023

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