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Azerbaijan Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

Azerbaijan's services value added was 39.44% in 2025, ranked 184th globally. This represents a 6.8% decrease from 2024. Data from World Bank, covering 1990–2025.

39.44% −2.88% (-6.8%)
Year 2025 Rank #184 Global Peak 43.34% (1998) Source World Bank

Azerbaijan Services Value Added (1990–2025)

Overview

Azerbaijan's services value added stood at 39.44% in 2025, a decline of +2.88% from 2024. Based on recent trends, this figure is projected to reach 39.44% by 2025. Azerbaijan ranked 184th globally.

Azerbaijan’s services sector contributed 39.44 percent of gross domestic product in 2025, placing the country 184th in the World Bank’s global ranking and matching the share recorded by the Republic of Congo. The share has risen steadily from 34.75 percent in 1990, reaching an all‑time high of 43.34 percent in 1998 before falling sharply to a trough of 21.76 percent in 2007, a decline that reflected the global financial crisis and domestic oil‑price volatility. Since the trough, the services share has recovered, driven by expansion in telecommunications, tourism and financial services, and has remained above the 30 percent threshold for the past decade. Compared with peers such as Afghanistan (39.04 percent) and Iraq (38.89 percent), Azerbaijan’s services contribution is modestly higher, suggesting a relatively diversified non‑oil economy. Continued investment in digital infrastructure and liberalisation of the service market could sustain the upward trajectory and further narrow the gap with higher‑ranking economies.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 39.84% - -
2026* trend 39.64% - -
2025* trend 39.44% - -
2025 39.44% −2.88% #184
2024 42.32% +2.55% #17
2023 39.76% +7.69% #12
2022 32.07% −5.63% #7
2021 37.70% −4.65% #14
2020 42.35% +5.38% #21
2019 36.97% +1.69% #6
2018 35.28% −2.84% #4
2017 38.12% −1.20% #5
2016 39.32% −1.33% #7
2015 40.65% +6.46% #14
2014 34.19% +2.69% #8
2013 31.49% +1.97% #8
2012 29.52% +1.81% #8
2011 27.71% −0.50% #6
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.9% Real rate -16.5%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Azerbaijan's services value added?▾

Azerbaijan's services value added was 39.44% in 2025. Ranked 184th globally. This represents a 6.8% decrease from the previous year.

What was the highest services value added in Azerbaijan?▾

Azerbaijan's services value added peaked at 43.34% in 1998.

What was the lowest services value added in Azerbaijan?▾

The lowest services value added in Azerbaijan was 21.76% in 2007.

How does Azerbaijan rank in services value added?▾

Azerbaijan ranks 184th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?▾

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Azerbaijan in 2025?▾

Azerbaijan's services value added is projected to reach 39.44% by 2025 based on trend extrapolation.

What is the services value added of Azerbaijan in 2025?▾

The services value added of Azerbaijan in 2025 was 39.44%. This ranks 184th in the world.

Cite this page

APA
Azerbaijan Services Value Added. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/azerbaijan/services-value-added/
BibTeX
@misc{historysaid_azerbaijan_services-value-added, title = {Azerbaijan Services Value Added}, url = {https://historysaid.com/azerbaijan/services-value-added/}, publisher = {HistorySaid}, year = {2026} }
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