Revenue, excluding grants in Azerbaijan
Azerbaijan: Revenue, excluding grants was 38.9% in 2024. ▲ Rising
Revenue, excluding grants in Azerbaijan, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Azerbaijan recorded 38.9% for revenue, excluding grants in 2024.
The figure is down 2.2% on the previous year and down 2.5% over ten years.
Over the whole period, revenue, excluding grants in Azerbaijan peaked at 49.3% in 2008 and was at its lowest, 13.8%, in 1996.
Azerbaijan ranks 18th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Revenue, excluding grants in Azerbaijan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 25.6% | — |
| 1995 | 18.0% | -29.7% |
| 1996 | 13.8% | -23.5% |
| 1997 | 14.9% | +8.1% |
| 1998 | 17.9% | +20.2% |
| 1999 | 17.6% | -1.7% |
| 2008 | 49.3% | +180.6% |
| 2009 | 40.9% | -17.1% |
| 2010 | 46.8% | +14.5% |
| 2011 | 45.5% | -2.9% |
| 2012 | 41.3% | -9.3% |
| 2013 | 40.4% | -2.1% |
| 2014 | 39.9% | -1.3% |
| 2015 | 34.2% | -14.3% |
| 2016 | 34.9% | +2.2% |
| 2017 | 35.1% | +0.4% |
| 2018 | 39.4% | +12.4% |
| 2019 | 42.8% | +8.6% |
| 2020 | 35.0% | -18.2% |
| 2021 | 36.5% | +4.2% |
| 2022 | 38.4% | +5.3% |
| 2023 | 39.8% | +3.5% |
| 2024 | 38.9% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.0% | 13.8% | 25.6% | 6 |
| 2000s | 45.1% | 40.9% | 49.3% | 2 |
| 2010s | 40.0% | 34.2% | 46.8% | 10 |
| 2020s | 37.7% | 35.0% | 39.8% | 5 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Gross national expenditure (current US$), annual growth rate 5.27 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9379 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 6,950 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.27 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1.59 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 11,815 current LCU per person (2025)
- Exports of goods and services (current US$), annual growth rate -4.23 % change on previous year (2025)
- Exports of goods and services (current US$), per unit of GDP 0.4302 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in Azerbaijan?
- Revenue, excluding grants in Azerbaijan was 38.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Azerbaijan?
- The highest recorded value was 49.3% in 2008.
- What is the lowest revenue, excluding grants recorded in Azerbaijan?
- The lowest recorded value was 13.8% in 1996.
- How does Azerbaijan rank for revenue, excluding grants?
- Azerbaijan ranks 18th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Azerbaijan?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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.