Taxes on goods and services (current LCU), per unit of GDP in Azerbaijan
Azerbaijan: Taxes on goods and services (current LCU), per unit of GDP was 0.1474 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Azerbaijan, 1994–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Azerbaijan recorded 0.1474 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024. That is the highest value across all 23 years on record.
That represents a change of up 6.0% on the previous year and up 167.5% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Azerbaijan peaked at 0.1474 current LCU per US$ of GDP in 2024 and was at its lowest, 0.0245 current LCU per US$ of GDP, in 1994.
That places Azerbaijan 114th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Azerbaijan, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1994 | 0.0245 current LCU per US$ of GDP | — |
| 1995 | 0.0539 current LCU per US$ of GDP | +120.1% |
| 1996 | 0.0331 current LCU per US$ of GDP | -38.6% |
| 1997 | 0.0488 current LCU per US$ of GDP | +47.7% |
| 1998 | 0.0527 current LCU per US$ of GDP | +8.0% |
| 1999 | 0.0578 current LCU per US$ of GDP | +9.6% |
| 2008 | 0.0512 current LCU per US$ of GDP | -11.3% |
| 2009 | 0.0585 current LCU per US$ of GDP | +14.3% |
| 2010 | 0.0509 current LCU per US$ of GDP | -13.0% |
| 2011 | 0.0434 current LCU per US$ of GDP | -14.7% |
| 2012 | 0.0442 current LCU per US$ of GDP | +1.8% |
| 2013 | 0.0471 current LCU per US$ of GDP | +6.6% |
| 2014 | 0.0551 current LCU per US$ of GDP | +17.0% |
| 2015 | 0.083 current LCU per US$ of GDP | +50.6% |
| 2016 | 0.1243 current LCU per US$ of GDP | +49.8% |
| 2017 | 0.1171 current LCU per US$ of GDP | -5.7% |
| 2018 | 0.1184 current LCU per US$ of GDP | +1.1% |
| 2019 | 0.1353 current LCU per US$ of GDP | +14.3% |
| 2020 | 0.1436 current LCU per US$ of GDP | +6.1% |
| 2021 | 0.1229 current LCU per US$ of GDP | -14.4% |
| 2022 | 0.1114 current LCU per US$ of GDP | -9.4% |
| 2023 | 0.1391 current LCU per US$ of GDP | +24.9% |
| 2024 | 0.1474 current LCU per US$ of GDP | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0451 current LCU per US$ of GDP | 0.0245 current LCU per US$ of GDP | 0.0578 current LCU per US$ of GDP | 6 |
| 2000s | 0.0549 current LCU per US$ of GDP | 0.0512 current LCU per US$ of GDP | 0.0585 current LCU per US$ of GDP | 2 |
| 2010s | 0.0819 current LCU per US$ of GDP | 0.0434 current LCU per US$ of GDP | 0.1353 current LCU per US$ of GDP | 10 |
| 2020s | 0.1329 current LCU per US$ of GDP | 0.1114 current LCU per US$ of GDP | 0.1474 current LCU per US$ of GDP | 5 |
Countries ranked near Azerbaijan
- 111 Croatia 0.1655 current LCU per US$ of GDP compare
- 112 Kiribati 0.158 current LCU per US$ of GDP compare
- 113 New Zealand 0.1496 current LCU per US$ of GDP compare
- 115 Tunisia 0.1464 current LCU per US$ of GDP compare
- 116 Greece 0.1456 current LCU per US$ of GDP compare
- 117 Bulgaria 0.1322 current LCU per US$ of GDP compare
More public sector data for Azerbaijan
- Arms imports 28.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.74 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 833.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 28.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 370.2 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0507 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.05 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.3 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Azerbaijan?
- Taxes on goods and services (current lcu), per unit of gdp in Azerbaijan was 0.1474 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Azerbaijan?
- The highest recorded value was 0.1474 current LCU per US$ of GDP in 2024.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Azerbaijan?
- The lowest recorded value was 0.0245 current LCU per US$ of GDP in 1994.
- How does Azerbaijan rank for taxes on goods and services (current lcu), per unit of gdp?
- Azerbaijan ranks 114th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 167.5%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.