Azerbaijan - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Azerbaijan was $43,275,710,000 as of 2018. Over the past 28 years, the value for this indicator has fluctuated between $69,617,620,000 in 2014 and $2,816,144,000 in 1995.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $8,087,613,000
1991 $8,293,847,000
1992 $4,563,056,000
1993 $3,778,729,000
1994 $3,248,998,000
1995 $2,816,144,000
1996 $2,857,010,000
1997 $3,669,762,000
1998 $4,263,248,000
1999 $4,400,186,000
2000 $4,947,192,000
2001 $5,258,563,000
2002 $5,735,754,000
2003 $6,716,249,000
2004 $8,053,831,000
2005 $12,244,550,000
2006 $19,836,350,000
2007 $30,870,880,000
2008 $45,580,090,000
2009 $40,795,590,000
2010 $49,319,170,000
2011 $62,081,930,000
2012 $65,366,220,000
2013 $69,221,160,000
2014 $69,617,620,000
2015 $48,332,320,000
2016 $34,783,290,000
2017 $37,957,760,000
2018 $43,275,710,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Azerbaijan was 73,568,700,000 as of 2018. As the graph below shows, over the past 28 years this indicator reached a maximum value of 73,568,700,000 in 2018 and a minimum value of 267,700 in 1990.

Definition: 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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 267,700
1991 504,100
1992 4,406,500
1993 29,880,000
1994 367,357,200
1995 1,968,600,000
1996 2,457,600,000
1997 2,924,800,000
1998 3,298,900,000
1999 3,625,900,000
2000 4,426,900,000
2001 4,897,300,000
2002 5,576,300,000
2003 6,596,700,000
2004 7,914,500,000
2005 11,576,000,000
2006 17,721,800,000
2007 26,490,300,000
2008 37,448,600,000
2009 32,791,500,000
2010 39,588,500,000
2011 49,026,100,000
2012 51,351,700,000
2013 54,304,000,000
2014 54,601,100,000
2015 49,521,300,000
2016 55,503,700,000
2017 65,332,900,000
2018 73,568,700,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Azerbaijan was 52,679,450,000 as of 2018. Over the past 26 years, the value for this indicator has fluctuated between 53,796,780,000 in 2015 and 9,517,308,000 in 1995.

Definition: 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 constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 16,274,770,000
1993 13,047,170,000
1994 10,790,360,000
1995 9,517,308,000
1996 9,645,771,000
1997 10,415,990,000
1998 11,528,720,000
1999 12,361,430,000
2000 12,132,990,000
2001 13,234,050,000
2002 14,449,800,000
2003 15,911,200,000
2004 17,368,890,000
2005 22,568,580,000
2006 30,781,910,000
2007 38,909,850,000
2008 42,916,990,000
2009 47,137,410,000
2010 49,319,170,000
2011 48,258,800,000
2012 49,175,290,000
2013 51,959,660,000
2014 53,336,960,000
2015 53,796,780,000
2016 52,200,980,000
2017 51,948,710,000
2018 52,679,450,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Azerbaijan was 27,021,100,000 as of 2018. As the graph below shows, over the past 26 years this indicator reached a maximum value of 27,594,220,000 in 2015 and a minimum value of 4,881,755,000 in 1995.

Definition: 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 8,347,890,000
1993 6,692,340,000
1994 5,534,745,000
1995 4,881,755,000
1996 4,947,648,000
1997 5,342,722,000
1998 5,913,479,000
1999 6,340,604,000
2000 6,223,429,000
2001 6,788,200,000
2002 7,411,800,000
2003 8,161,400,000
2004 8,909,100,000
2005 11,576,200,000
2006 15,789,100,000
2007 19,958,200,000
2008 22,013,600,000
2009 24,178,400,000
2010 25,297,500,000
2011 24,753,600,000
2012 25,223,700,000
2013 26,651,900,000
2014 27,358,360,000
2015 27,594,220,000
2016 26,775,680,000
2017 26,646,280,000
2018 27,021,100,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts