Social contributions (% of revenue) in Azerbaijan
Azerbaijan: Social contributions (% of revenue) was 16.1% in 2024. ◆ Volatile
Social contributions in Azerbaijan, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Azerbaijan recorded 16.1% for social contributions in 2024.
Compared with earlier readings it is up 12.2% on the previous year and up 116.9% over ten years.
Over the whole period, social contributions in Azerbaijan peaked at 23.0% in 1998 and was at its lowest, 4.8%, in 2008.
Azerbaijan ranks 51st of 112 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions (% of revenue) in Azerbaijan, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1996 | 22.8% | — |
| 1997 | 22.8% | +0.2% |
| 1998 | 23.0% | +0.8% |
| 1999 | 21.7% | -5.9% |
| 2008 | 4.8% | -77.7% |
| 2009 | 6.6% | +37.7% |
| 2010 | 5.6% | -16.1% |
| 2011 | 5.2% | -7.2% |
| 2012 | 6.3% | +21.5% |
| 2013 | 6.7% | +7.1% |
| 2014 | 7.4% | +9.9% |
| 2015 | 9.7% | +31.0% |
| 2016 | 9.1% | -6.2% |
| 2017 | 8.5% | -7.1% |
| 2018 | 7.4% | -12.8% |
| 2019 | 8.2% | +11.9% |
| 2020 | 13.8% | +67.5% |
| 2021 | 10.8% | -21.5% |
| 2022 | 12.3% | +13.8% |
| 2023 | 14.3% | +16.1% |
| 2024 | 16.1% | +12.2% |
Azerbaijan compared with similar countries
- Azerbaijan's 16.1% is above the median for upper middle income countries, which is 13.1%, 1.2× the median. (37 countries reporting)
- Azerbaijan's 16.1% is below the median for Europe & Central Asia, which is 29.8%, 54% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.6% | 21.7% | 23.0% | 4 |
| 2000s | 5.7% | 4.8% | 6.6% | 2 |
| 2010s | 7.4% | 5.2% | 9.7% | 10 |
| 2020s | 13.5% | 10.8% | 16.1% | 5 |
Countries ranked near Azerbaijan
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Frequently asked questions
- What is social contributions in Azerbaijan?
- Social contributions in Azerbaijan was 16.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Azerbaijan?
- The highest recorded value was 23.0% in 1998.
- What is the lowest social contributions recorded in Azerbaijan?
- The lowest recorded value was 4.8% in 2008.
- How does Azerbaijan rank for social contributions?
- Azerbaijan ranks 51st out of 112 countries with data for 2024.
- Is social contributions rising or falling in Azerbaijan?
- Over the last ten years it is up 116.9%. 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.