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Azerbaijan—Government Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #87 of 138Series years: 2008–2022
Latest Value
23.0%
2022
YoY Change
-15.2%
2021 → 2022
Global Rank
#87
of 138 countries
Maximum
33.9%
2020
Minimum
18.5%
2011
CAGR
+1.6%
15 years
Last
23.0%
Previous
27.1%
Highest
33.9%
Lowest
18.5%
Unit
% of GDP
Source
World Bank World Development Indicators

Azerbaijan's government expense (% of GDP) was 23.0% in 2022, ranking #87 out of 138 countries. This represents a -15.2% change from 2021. Over the past 15 years, the highest recorded value was 33.9% (2020) and the lowest was 18.5% (2011). Data sourced from the World Bank World Development Indicators.

Azerbaijan — Government Expense (% of GDP): 23.0088211493834 % of GDP for reference year 2022. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202223.0%-15.2%
202127.1%-20.0%
202033.9%+39.7%
201924.3%+13.5%
201821.4%-23.5%
201728.0%+2.8%
201627.2%+9.7%
201524.8%+12.2%
201422.1%+5.6%
201320.9%-5.7%
201222.2%+20.1%
201118.5%-11.5%
201020.9%-9.6%
200923.1%+24.7%
200818.5%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. 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

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →