Azerbaijan—Government Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #15 of 139Updated April 2026
Latest Value
39.8%
2023
YoY Change
+3.5%
2022 → 2023
Global Rank
#15
of 139 countries
Maximum
49.3%
2008
Minimum
34.2%
2015
CAGR
-1.4%
16 years
Last
39.8%
Previous
38.4%
Highest
49.3%
Lowest
34.2%
Source
World Bank World Development Indicators
Azerbaijan's government revenue (% of gdp) was 39.8% in 2023, ranking #15 out of 139 countries. This represents a +3.5% change from 2022. Over the past 16 years, the highest recorded value was 49.3% (2008) and the lowest was 34.2% (2015). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 39.8% | +3.5% |
| 2022 | 38.4% | +5.3% |
| 2021 | 36.5% | +4.2% |
| 2020 | 35.0% | -18.2% |
| 2019 | 42.8% | +8.6% |
| 2018 | 39.4% | +12.4% |
| 2017 | 35.1% | +0.4% |
| 2016 | 34.9% | +2.2% |
| 2015 | 34.2% | -14.3% |
| 2014 | 39.9% | -1.3% |
| 2013 | 40.4% | -2.1% |
| 2012 | 41.3% | -9.3% |
| 2011 | 45.5% | -2.9% |
| 2010 | 46.8% | +14.5% |
| 2009 | 40.9% | -17.1% |
| 2008 | 49.3% |
Top Countries — Government Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 138.8% | 2020 |
| 2 | Kiribati | 81.1% | 2023 |
| 3 | Norway | 54.2% | 2023 |
| 4 | Timor-Leste | 51.5% | 2022 |
| 5 | Lesotho | 44.2% | 2024 |
| 6 | Austria | 44.2% | 2023 |
| 7 | Greece | 43.3% | 2023 |
| 8 | Luxembourg | 42.8% | 2023 |
| 9 | France | 42.2% | 2023 |
| 10 | Finland | 42.1% | 2023 |
About This Indicator
Definition
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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).