Goods and services expense in Azerbaijan
Azerbaijan: Goods and services expense was 13.81 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Azerbaijan, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Azerbaijan recorded 13.81 billion current LCU for goods and services expense in 2024.
Compared with earlier readings it is down 7.6% on the previous year and up 735.6% over ten years.
Over the whole period, goods and services expense in Azerbaijan peaked at 14.93 billion current LCU in 2023 and was at its lowest, 70.43 million current LCU, in 1994.
That places Azerbaijan 96th out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 151.35 million current LCU | 70.43 million current LCU | 207.55 million current LCU | 5 |
| 2000s | 735.15 million current LCU | 680.50 million current LCU | 789.80 million current LCU | 2 |
| 2010s | 1.46 billion current LCU | 863.20 million current LCU | 1.96 billion current LCU | 10 |
| 2020s | 11.25 billion current LCU | 3.33 billion current LCU | 14.93 billion current LCU | 5 |
Countries ranked near Azerbaijan
More public sector data for Azerbaijan
- Arms imports 28.00 million SIPRI trend indicator values (2024)
- Tax revenue 17.3% (2024)
- Taxes on income, profits and capital gains 17.1% (2024)
- Taxes on goods and services 21.7% (2024)
- Net investment in nonfinancial assets 7.9% (2024)
- Net lending (+) / net borrowing (-) 3.9% (2024)
- Interest payments 0.9% (2024)
- Grants and other revenue 40.5% (2024)
- Interest payments 2.1% (2022)
- Other taxes 0.8% (2024)
Frequently asked questions
- What is goods and services expense in Azerbaijan?
- Goods and services expense in Azerbaijan was 13.81 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Azerbaijan?
- The highest recorded value was 14.93 billion current LCU in 2023.
- What is the lowest goods and services expense recorded in Azerbaijan?
- The lowest recorded value was 70.43 million current LCU in 1994.
- How does Azerbaijan rank for goods and services expense?
- Azerbaijan ranks 96th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Azerbaijan?
- Over the last ten years it is up 735.6%. The long-run trend across the full record is volatile.
- 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.