Taxes on goods and services in Azerbaijan

Azerbaijan: Taxes on goods and services was 21.7% in 2024. ▼ Falling

Latest (2024)
21.7%
Change on year
up 9.2%
World rank
122nd
of 156 countries
All-time high
40.3%
in 1997
All-time low
12.1%
in 2011
Years of data
23
1994–2024

Taxes on goods and services in Azerbaijan, 1994–2024

102030401994200920241994: 30.5 % of revenue1995: 33.9 % of revenue1996: 26.8 % of revenue1997: 40.3 % of revenue1998: 37.3 % of revenue1999: 39.2 % of revenue2008: 12.6 % of revenue2009: 17.8 % of revenue2010: 13.6 % of revenue2011: 12.1 % of revenue2012: 13.6 % of revenue2013: 14.9 % of revenue2014: 17.6 % of revenue2015: 23.7 % of revenue2016: 22.3 % of revenue2017: 19.4 % of revenue2018: 17.7 % of revenue2019: 18 % of revenue2020: 23 % of revenue2021: 19 % of revenue2022: 16.6 % of revenue2023: 19.9 % of revenue2024: 21.7 % of revenue

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.

Analysis

Azerbaijan recorded 21.7% for taxes on goods and services in 2024.

Compared with earlier readings it is up 9.2% on the previous year and up 23.5% over ten years.

Over the whole period, taxes on goods and services in Azerbaijan peaked at 40.3% in 1997 and was at its lowest, 12.1%, in 2011.

Azerbaijan ranks 122nd of 156 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 23 years of available data.

Taxes on goods and services in Azerbaijan, year by year

Annual values for Taxes on goods and services (% of revenue) in Azerbaijan, 1994 to 2024.
Year % of revenue Change
1994 30.5%
1995 33.9% +11.4%
1996 26.8% -21.0%
1997 40.3% +50.4%
1998 37.3% -7.4%
1999 39.2% +5.0%
2008 12.6% -67.7%
2009 17.8% +40.8%
2010 13.6% -23.9%
2011 12.1% -10.8%
2012 13.6% +12.7%
2013 14.9% +9.1%
2014 17.6% +18.5%
2015 23.7% +34.4%
2016 22.3% -5.8%
2017 19.4% -13.0%
2018 17.7% -8.9%
2019 18.0% +1.8%
2020 23.0% +28.1%
2021 19.0% -17.6%
2022 16.6% -12.4%
2023 19.9% +19.7%
2024 21.7% +9.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 34.7% 26.8% 40.3% 6
2000s 15.2% 12.6% 17.8% 2
2010s 17.3% 12.1% 23.7% 10
2020s 20.1% 16.6% 23.0% 5

Countries ranked near Azerbaijan

  1. 119 Ireland 22.9% compare
  2. 120 Andorra 22.8% compare
  3. 121 Malaysia 22.6% compare
  4. 123 Singapore 21.5% compare
  5. 124 Ecuador 21.1% compare
  6. 125 Saint Kitts and Nevis 21.0% compare

See the full ranking of 197 places →

More public sector data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is taxes on goods and services in Azerbaijan?
Taxes on goods and services in Azerbaijan was 21.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest taxes on goods and services recorded in Azerbaijan?
The highest recorded value was 40.3% in 1997.
What is the lowest taxes on goods and services recorded in Azerbaijan?
The lowest recorded value was 12.1% in 2011.
How does Azerbaijan rank for taxes on goods and services?
Azerbaijan ranks 122nd out of 156 countries with data for 2024.
Is taxes on goods and services rising or falling in Azerbaijan?
Over the last ten years it is up 23.5%. The long-run trend across the full record is falling.
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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.

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Taxes on goods and services in Azerbaijan. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 11 September 2026, from https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-percent-of-revenue/azerbaijan/

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About this data

Indicator
Taxes on goods and services (% of revenue)
Unit
% of revenue
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 5,703 data points, 1972–2024
Last refreshed

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.