Azerbaijan: Oil revenue
* indicates monthly or quarterly data series
| Azerbaijan |
Revenue minus production cost of oil, percent of GDP |
|---|---|
| Latest value | 20.98 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1990 - 2021 |
| Average | 23.50 |
| Min - Max | 4.88 - 39.58 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2021 is 20.98 percent, an increase from 11.15 percent in 2020. In comparison, the world average is 2.69 percent, based on data from 181 countries. Historically, the average for Azerbaijan from 1990 to 2021 is 23.5 percent. The minimum value, 4.88 percent, was reached in 1998 while the maximum of 39.58 percent was recorded in 2006.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | Azerbaijan: Oil revenue |
|---|---|
| 2021 | 20.98 |
| 2020 | 11.15 |
| 2019 | 20.46 |
| 2018 | 24.17 |
| 2017 | 17.12 |
| 2016 | 12.78 |
| 2015 | 12.07 |
| 2014 | 20.25 |
Definition: Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
Other resources:
Download data from our database
All indicators for Azerbaijan
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Energy use per capita | 1,731.91 | 2024 | kilograms of oil equivalent |
| Share of clean energy | 1.30 | 2021 | percent |
| Carbon intensity | 0.17 | 2024 | kg of CO2 per dollar of GDP |
| Energy use per $1000 GDP | 81.28 | 2023 | kilograms of oil equivalent |
| Electricity from renewable sources, kWh | 340.10 | 2021 | million kWh |
| Carbon dioxide (CO2) emissions | 39 | 2024 | Mt CO2 eq |
| Carbon dioxide (CO2) emissions per capita | 3.81 | 2024 | metric tons of carbon dioxide equivalent per capita |
| Greenhouse gas emissions | 58 | 2024 | kt of CO2 equivalent |
| GDP per unit of energy | 13.67 | 2023 | GDP per kg of oil equivalent |
| Net energy imports | -254.66 | 2024 | percent |
| Natural resources income | 29.94 | 2021 | percent |
| Oil revenue | 20.98 | 2021 | percent |
| Natural gas revenue | 8.59 | 2021 | percent |
| Access to electricity | 100.00 | 2024 | percent |
| Gasoline consumption per capita | 217.076 | 2024 | liters per person per year |