Azerbaijan vs Serbia: Revenue, excluding grants

Azerbaijan
38.9%
in 2024
Serbia
38.6%
in 2022
Azerbaijan rank
18th
Serbia rank
19th

Revenue, excluding grants over time

  • Azerbaijan
  • Serbia
1020304050199420092024

How they compare

Azerbaijan currently reports 38.9% against 38.6% in Serbia, a difference of 0.3%.

The two have swapped places 5 times across 15 shared years of data; in 2008 it was Azerbaijan ahead.

Azerbaijan ranks 18th and Serbia ranks 19th of 157 countries.

Across the 3 decades both report, Azerbaijan averaged higher in 2 and Serbia in 1.

Head to head by decade

Decade Azerbaijan Serbia Difference Ahead
2000s 45.1% 34.0% 11.1% Azerbaijan
2010s 40.0% 36.2% 3.8% Azerbaijan
2020s 36.7% 37.5% 0.9% Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue, excluding grants, Azerbaijan or Serbia?
Azerbaijan, at 38.9% against 38.6% in Serbia as of 2024.
What is the difference in revenue, excluding grants between Azerbaijan and Serbia?
0.3%, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Serbia?
15 years are reported by both, from 2008 to 2022.
How do Azerbaijan and Serbia rank globally for revenue, excluding grants?
Azerbaijan ranks 18th and Serbia ranks 19th 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 Serbia: Revenue, excluding grants. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/revenue-excluding-grants-percent-of-gdp/azerbaijan/serbia/

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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.