Expense in Azerbaijan
Azerbaijan: Expense was 30.83 billion current LCU in 2022. ◆ Volatile
Expense in Azerbaijan, 1994–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Azerbaijan recorded 30.83 billion current LCU for expense in 2022. That is the highest value across all 21 years on record.
The figure is up 21.8% on the previous year and up 153.8% over ten years.
Over the whole period, expense in Azerbaijan peaked at 30.83 billion current LCU in 2022 and was at its lowest, 128.14 million current LCU, in 1994.
That places Azerbaijan 116th out of 157 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 128.14 million current LCU | — |
| 1995 | 423.07 million current LCU | +230.2% |
| 1996 | 431.97 million current LCU | +2.1% |
| 1997 | 512.32 million current LCU | +18.6% |
| 1998 | 645.73 million current LCU | +26.0% |
| 1999 | 717.63 million current LCU | +11.1% |
| 2008 | 7.43 billion current LCU | +935.1% |
| 2009 | 8.22 billion current LCU | +10.6% |
| 2010 | 8.86 billion current LCU | +7.9% |
| 2011 | 9.62 billion current LCU | +8.6% |
| 2012 | 12.15 billion current LCU | +26.2% |
| 2013 | 12.17 billion current LCU | +0.2% |
| 2014 | 13.04 billion current LCU | +7.1% |
| 2015 | 13.48 billion current LCU | +3.4% |
| 2016 | 16.43 billion current LCU | +21.9% |
| 2017 | 19.67 billion current LCU | +19.7% |
| 2018 | 17.14 billion current LCU | -12.8% |
| 2019 | 19.89 billion current LCU | +16.0% |
| 2020 | 24.63 billion current LCU | +23.8% |
| 2021 | 25.30 billion current LCU | +2.7% |
| 2022 | 30.83 billion current LCU | +21.8% |
Azerbaijan compared with similar countries
- Azerbaijan's 30.83 billion current LCU is below the median for upper middle income countries, which is 310.25 billion current LCU, 10% of the median. (47 countries reporting)
- Azerbaijan's 30.83 billion current LCU is below the median for Europe & Central Asia, which is 301.38 billion current LCU, 10% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Expense in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +935.1% | 717.63 million current LCU | 7.43 billion current LCU |
| 1995 | +230.2% | 128.14 million current LCU | 423.07 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 476.48 million current LCU | 128.14 million current LCU | 717.63 million current LCU | 6 |
| 2000s | 7.82 billion current LCU | 7.43 billion current LCU | 8.22 billion current LCU | 2 |
| 2010s | 14.25 billion current LCU | 8.86 billion current LCU | 19.89 billion current LCU | 10 |
| 2020s | 26.92 billion current LCU | 24.63 billion current LCU | 30.83 billion current LCU | 3 |
Countries ranked near Azerbaijan
More public sector data for Azerbaijan
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Azerbaijan?
- Expense in Azerbaijan was 30.83 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Azerbaijan?
- The highest recorded value was 30.83 billion current LCU in 2022.
- What is the lowest expense recorded in Azerbaijan?
- The lowest recorded value was 128.14 million current LCU in 1994.
- How does Azerbaijan rank for expense?
- Azerbaijan ranks 116th out of 157 countries with data for 2022.
- Is expense rising or falling in Azerbaijan?
- Over the last ten years it is up 153.8%. 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 Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.