Industrial Production, constant US$, seas. adj. in Azerbaijan
Azerbaijan: Industrial Production, constant US$, seas. adj. was 17.38 billion in 2023. ▬ Flat
Industrial Production, constant US$, seas. adj. in Azerbaijan, 2013–2023
Source: World Bank staff calculations based on Datastream data.
Analysis
In 2023, industrial production, constant us$, seas. adj. in Azerbaijan stood at 17.38 billion.
The figure is down 1.1% on the previous year and down 1.1% over ten years.
Over the whole period, industrial production, constant us$, seas. adj. in Azerbaijan peaked at 17.87 billion in 2015 and was at its lowest, 16.87 billion, in 2020.
That places Azerbaijan 57th out of 89 countries with data for 2023, putting it in the middle of the range.
Industrial Production, constant US$, seas. adj. in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 17.56 billion | — |
| 2014 | 17.43 billion | -0.8% |
| 2015 | 17.87 billion | +2.5% |
| 2016 | 17.78 billion | -0.5% |
| 2017 | 17.20 billion | -3.3% |
| 2018 | 17.46 billion | +1.5% |
| 2019 | 17.76 billion | +1.7% |
| 2020 | 16.87 billion | -5.0% |
| 2021 | 17.80 billion | +5.5% |
| 2022 | 17.57 billion | -1.3% |
| 2023 | 17.38 billion | -1.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 17.38 billion is below the median for upper middle income countries, which is 42.31 billion, 41% of the median. (30 countries reporting)
- Azerbaijan's 17.38 billion is below the median for Europe & Central Asia, which is 46.71 billion, 37% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 17.58 billion | 17.20 billion | 17.87 billion | 7 |
| 2020s | 17.41 billion | 16.87 billion | 17.80 billion | 4 |
Countries ranked near Azerbaijan
More reference data data for Azerbaijan
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1322 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.94 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1063 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.34 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4434 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1605 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 11.11 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.5787 (2050)
Frequently asked questions
- What is industrial production, constant us$, seas. adj. in Azerbaijan?
- Industrial production, constant us$, seas. adj. in Azerbaijan was 17.38 billion in 2023, according to World Bank staff calculations based on Datastream data.
- What is the highest industrial production, constant us$, seas. adj. recorded in Azerbaijan?
- The highest recorded value was 17.87 billion in 2015.
- What is the lowest industrial production, constant us$, seas. adj. recorded in Azerbaijan?
- The lowest recorded value was 16.87 billion in 2020.
- How does Azerbaijan rank for industrial production, constant us$, seas. adj.?
- Azerbaijan ranks 57th out of 89 countries with data for 2023.
- Is industrial production, constant us$, seas. adj. rising or falling in Azerbaijan?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is flat.
- Where does this Azerbaijan data come from?
- The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$, seas. adj.. Statizoid updates them automatically from the source API.
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About this data
An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, seasonally adjusted. The base year is 2005.