Tax revenue in Azerbaijan
Azerbaijan: Tax revenue was 21.89 billion current LCU in 2024. ◆ Volatile
Tax revenue in Azerbaijan, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in Azerbaijan is 21.89 billion current LCU, measured in 2024.
That represents a change of up 161.0% over ten years.
Over the whole period, tax revenue in Azerbaijan peaked at 21.90 billion current LCU in 2023 and was at its lowest, 95.77 million current LCU, in 1994.
Azerbaijan ranks 114th of 157 countries on this measure, 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 | 333.79 million current LCU | 95.77 million current LCU | 480.70 million current LCU | 6 |
| 2000s | 5.81 billion current LCU | 5.02 billion current LCU | 6.59 billion current LCU | 2 |
| 2010s | 8.32 billion current LCU | 5.16 billion current LCU | 11.62 billion current LCU | 10 |
| 2020s | 17.60 billion current LCU | 11.02 billion current LCU | 21.90 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 tax revenue in Azerbaijan?
- Tax revenue in Azerbaijan was 21.89 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Azerbaijan?
- The highest recorded value was 21.90 billion current LCU in 2023.
- What is the lowest tax revenue recorded in Azerbaijan?
- The lowest recorded value was 95.77 million current LCU in 1994.
- How does Azerbaijan rank for tax revenue?
- Azerbaijan ranks 114th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Azerbaijan?
- Over the last ten years it is up 161.0%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.