Azerbaijan vs Latin America & Caribbean: Revenue, excluding grants

Azerbaijan
38.9%
in 2024
Latin America & Caribbean
22.8%
in 2024
Azerbaijan rank
18th
Latin America & Caribbean rank
17th

Revenue, excluding grants over time

  • Azerbaijan
  • Latin America & Caribbean
1020304050199420092024

How they compare

Azerbaijan currently reports 38.9% against 22.8% in Latin America & Caribbean, a difference of 16.1%.

That makes Azerbaijan's figure about 1.7 times Latin America & Caribbean's.

Across all 15 years both countries report, Azerbaijan has been ahead every year.

Azerbaijan ranks 18th and Latin America & Caribbean ranks 17th of 157 countries.

Azerbaijan has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Azerbaijan Latin America & Caribbean Difference Ahead
2010s 40.0% 22.3% 17.7% Azerbaijan
2020s 37.7% 22.3% 15.5% Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue, excluding grants, Azerbaijan or Latin America & Caribbean?
Azerbaijan, at 38.9% against 22.8% in Latin America & Caribbean as of 2024.
What is the difference in revenue, excluding grants between Azerbaijan and Latin America & Caribbean?
16.1%, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Latin America & Caribbean?
15 years are reported by both, from 2010 to 2024.
How do Azerbaijan and Latin America & Caribbean rank globally for revenue, excluding grants?
Azerbaijan ranks 18th and Latin America & Caribbean ranks 17th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Revenue, excluding grants (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Latin America & Caribbean: Revenue, excluding grants. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/revenue-excluding-grants-percent-of-gdp/azerbaijan/latin-america-and-caribbean/

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About this data

Indicator
Revenue, excluding grants (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 5,652 data points, 1972–2024
Last refreshed

Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.