Revenue, excluding grants in Azerbaijan
Azerbaijan: Revenue, excluding grants was 49.21 billion current LCU in 2024. ◆ Volatile
Revenue, excluding grants in Azerbaijan, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Azerbaijan recorded 49.21 billion current LCU for revenue, excluding grants in 2024.
Compared with earlier readings it is up 0.5% on the previous year and up 109.0% over ten years.
Over the whole period, revenue, excluding grants in Azerbaijan peaked at 51.51 billion current LCU in 2022 and was at its lowest, 95.94 million current LCU, in 1994.
That places Azerbaijan 109th out of 157 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue, excluding grants in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 95.94 million current LCU | — |
| 1995 | 384.05 million current LCU | +300.3% |
| 1996 | 376.20 million current LCU | -2.0% |
| 1997 | 470.01 million current LCU | +24.9% |
| 1998 | 615.21 million current LCU | +30.9% |
| 1999 | 663.39 million current LCU | +7.8% |
| 2008 | 19.79 billion current LCU | +2882.9% |
| 2009 | 14.56 billion current LCU | -26.4% |
| 2010 | 19.89 billion current LCU | +36.6% |
| 2011 | 23.69 billion current LCU | +19.1% |
| 2012 | 22.59 billion current LCU | -4.6% |
| 2013 | 23.51 billion current LCU | +4.0% |
| 2014 | 23.54 billion current LCU | +0.2% |
| 2015 | 18.59 billion current LCU | -21.0% |
| 2016 | 21.10 billion current LCU | +13.5% |
| 2017 | 24.67 billion current LCU | +16.9% |
| 2018 | 31.57 billion current LCU | +28.0% |
| 2019 | 35.06 billion current LCU | +11.1% |
| 2020 | 25.43 billion current LCU | -27.5% |
| 2021 | 34.04 billion current LCU | +33.8% |
| 2022 | 51.51 billion current LCU | +51.3% |
| 2023 | 48.98 billion current LCU | -4.9% |
| 2024 | 49.21 billion current LCU | +0.5% |
Azerbaijan compared with similar countries
- Azerbaijan's 49.21 billion current LCU is below the median for upper middle income countries, which is 450.01 billion current LCU, 11% of the median. (48 countries reporting)
- Azerbaijan's 49.21 billion current LCU is below the median for Europe & Central Asia, which is 266.60 billion current LCU, 18% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Revenue, excluding grants 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 | +2882.9% | 663.39 million current LCU | 19.79 billion current LCU |
| 1995 | +300.3% | 95.94 million current LCU | 384.05 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 434.13 million current LCU | 95.94 million current LCU | 663.39 million current LCU | 6 |
| 2000s | 17.17 billion current LCU | 14.56 billion current LCU | 19.79 billion current LCU | 2 |
| 2010s | 24.42 billion current LCU | 18.59 billion current LCU | 35.06 billion current LCU | 10 |
| 2020s | 41.83 billion current LCU | 25.43 billion current LCU | 51.51 billion current LCU | 5 |
Countries ranked near Azerbaijan
- 106 United Arab Emirates 61.51 billion current LCU compare
- 107 Sudan 56.11 billion current LCU compare
- 108 Slovakia 51.21 billion current LCU compare
- 110 Trinidad and Tobago 38.48 billion current LCU compare
- 111 Luxembourg 38.43 billion current LCU compare
- 112 Cape Verde 38.03 billion current LCU compare
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 revenue, excluding grants in Azerbaijan?
- Revenue, excluding grants in Azerbaijan was 49.21 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Azerbaijan?
- The highest recorded value was 51.51 billion current LCU in 2022.
- What is the lowest revenue, excluding grants recorded in Azerbaijan?
- The lowest recorded value was 95.94 million current LCU in 1994.
- How does Azerbaijan rank for revenue, excluding grants?
- Azerbaijan ranks 109th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Azerbaijan?
- Over the last ten years it is up 109.0%. 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 Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.