Industrial Production, constant US$ in Azerbaijan

Azerbaijan: Industrial Production, constant US$ was 15.07 billion in 2023. ▬ Flat

Latest (2023)
15.07 billion
Change on year
down 1.1%
World rank
61st
of 89 countries
All-time high
15.50 billion
in 2015
All-time low
14.65 billion
in 2020
Years of data
11
2013–2023

Industrial Production, constant US$ in Azerbaijan, 2013–2023

05.0B10.0B15.0B2013201820232013: 15.2B2014: 15.1B2015: 15.5B2016: 15.4B2017: 14.9B2018: 15.1B2019: 15.4B2020: 14.7B2021: 15.4B2022: 15.2B2023: 15.1B

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for industrial production, constant us$ in Azerbaijan is 15.07 billion, measured in 2023.

Compared with earlier readings it is down 1.1% on the previous year and down 1.1% over ten years.

Over the whole period, industrial production, constant us$ in Azerbaijan peaked at 15.50 billion in 2015 and was at its lowest, 14.65 billion, in 2020.

That places Azerbaijan 61st out of 89 countries with data for 2023, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.25 billion 14.91 billion 15.50 billion 7
2020s 15.09 billion 14.65 billion 15.42 billion 4

Countries ranked near Azerbaijan

  1. 58 Bulgaria 15.65 billion compare
  2. 59 Cote d'Ivoire 15.32 billion compare
  3. 60 Croatia 15.31 billion compare
  4. 62 Uruguay 14.43 billion compare
  5. 63 Costa Rica 14.38 billion compare
  6. 64 Guatemala 13.65 billion

See the full ranking of 99 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is industrial production, constant us$ in Azerbaijan?
Industrial production, constant us$ in Azerbaijan was 15.07 billion in 2023, according to World Bank staff calculations based on Datastream data.
What is the highest industrial production, constant us$ recorded in Azerbaijan?
The highest recorded value was 15.50 billion in 2015.
What is the lowest industrial production, constant us$ recorded in Azerbaijan?
The lowest recorded value was 14.65 billion in 2020.
How does Azerbaijan rank for industrial production, constant us$?
Azerbaijan ranks 61st out of 89 countries with data for 2023.
Is industrial production, constant us$ 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$. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Industrial Production, constant US$
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,662 data points, 1991–2025
Last refreshed

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$, and not seasonally adjusted. The base year is 2005.