Taxes on income, profits and capital gains in Azerbaijan
Azerbaijan: Taxes on income, profits and capital gains was 8.63 billion current LCU in 2024. ◆ Volatile
Taxes on income, profits and capital gains in Azerbaijan, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Azerbaijan recorded 8.63 billion current LCU for taxes on income, profits and capital gains in 2024.
That represents a change of down 10.9% on the previous year and up 162.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Azerbaijan peaked at 10.00 billion current LCU in 2022 and was at its lowest, 16.79 million current LCU, in 1994.
That places Azerbaijan 111th out of 153 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.
Taxes on income, profits and capital gains in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 16.79 million current LCU | — |
| 1995 | 118.22 million current LCU | +603.9% |
| 1996 | 76.49 million current LCU | -35.3% |
| 1997 | 95.98 million current LCU | +25.5% |
| 1998 | 129.09 million current LCU | +34.5% |
| 1999 | 145.08 million current LCU | +12.4% |
| 2008 | 3.50 billion current LCU | +2311.3% |
| 2009 | 1.92 billion current LCU | -45.1% |
| 2010 | 2.03 billion current LCU | +5.5% |
| 2011 | 2.86 billion current LCU | +41.2% |
| 2012 | 3.07 billion current LCU | +7.4% |
| 2013 | 3.25 billion current LCU | +5.7% |
| 2014 | 3.29 billion current LCU | +1.4% |
| 2015 | 3.22 billion current LCU | -2.3% |
| 2016 | 3.13 billion current LCU | -2.7% |
| 2017 | 3.33 billion current LCU | +6.3% |
| 2018 | 3.50 billion current LCU | +5.1% |
| 2019 | 3.50 billion current LCU | +0.1% |
| 2020 | 3.50 billion current LCU | +0.1% |
| 2021 | 4.15 billion current LCU | +18.6% |
| 2022 | 10.00 billion current LCU | +140.7% |
| 2023 | 9.68 billion current LCU | -3.1% |
| 2024 | 8.63 billion current LCU | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 96.94 million current LCU | 16.79 million current LCU | 145.08 million current LCU | 6 |
| 2000s | 2.71 billion current LCU | 1.92 billion current LCU | 3.50 billion current LCU | 2 |
| 2010s | 3.12 billion current LCU | 2.03 billion current LCU | 3.50 billion current LCU | 10 |
| 2020s | 7.19 billion current LCU | 3.50 billion current LCU | 10.00 billion current LCU | 5 |
Countries ranked near Azerbaijan
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 income, profits and capital gains in Azerbaijan?
- Taxes on income, profits and capital gains in Azerbaijan was 8.63 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Azerbaijan?
- The highest recorded value was 10.00 billion current LCU in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Azerbaijan?
- The lowest recorded value was 16.79 million current LCU in 1994.
- How does Azerbaijan rank for taxes on income, profits and capital gains?
- Azerbaijan ranks 111th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Azerbaijan?
- Over the last ten years it is up 162.0%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.