Taxes on income, profits and capital gains in Azerbaijan
Azerbaijan: Taxes on income, profits and capital gains was 17.1% in 2024. ▼ Falling
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 % of revenue.
Analysis
In 2024, taxes on income, profits and capital gains in Azerbaijan stood at 17.1%.
That represents a change of down 10.6% on the previous year and up 22.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Azerbaijan peaked at 30.8% in 1995 and was at its lowest, 9.7%, in 2019.
That places Azerbaijan 113th out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Taxes on income, profits and capital gains in Azerbaijan, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1994 | 17.5% | — |
| 1995 | 30.8% | +75.8% |
| 1996 | 19.5% | -36.6% |
| 1997 | 20.0% | +2.4% |
| 1998 | 20.5% | +2.8% |
| 1999 | 21.5% | +4.5% |
| 2008 | 17.7% | -17.6% |
| 2009 | 13.2% | -25.4% |
| 2010 | 10.2% | -22.8% |
| 2011 | 12.1% | +18.5% |
| 2012 | 13.6% | +12.5% |
| 2013 | 13.8% | +1.6% |
| 2014 | 14.0% | +1.2% |
| 2015 | 17.3% | +23.7% |
| 2016 | 14.8% | -14.3% |
| 2017 | 13.5% | -9.1% |
| 2018 | 11.1% | -17.9% |
| 2019 | 9.7% | -12.8% |
| 2020 | 13.2% | +36.4% |
| 2021 | 11.7% | -11.1% |
| 2022 | 18.9% | +61.9% |
| 2023 | 19.1% | +1.0% |
| 2024 | 17.1% | -10.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 17.1% is below the median for upper middle income countries, which is 22.7%, 75% of the median. (48 countries reporting)
- Azerbaijan's 17.1% is below the median for Europe & Central Asia, which is 20.9%, 82% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.6% | 17.5% | 30.8% | 6 |
| 2000s | 15.4% | 13.2% | 17.7% | 2 |
| 2010s | 13.0% | 9.7% | 17.3% | 10 |
| 2020s | 16.0% | 11.7% | 19.1% | 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 17.1% 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 30.8% in 1995.
- What is the lowest taxes on income, profits and capital gains recorded in Azerbaijan?
- The lowest recorded value was 9.7% in 2019.
- How does Azerbaijan rank for taxes on income, profits and capital gains?
- Azerbaijan ranks 113th 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 22.3%. 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 income, profits and capital gains (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.