Taxes on income, profits and capital gains in Azerbaijan
Azerbaijan: Taxes on income, profits and capital gains was 39.4% in 2024. ▲ Rising
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 total taxes.
Analysis
In 2024, taxes on income, profits and capital gains in Azerbaijan stood at 39.4%.
Compared with earlier readings it is down 10.9% on the previous year and up 0.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in Azerbaijan peaked at 53.1% in 2008 and was at its lowest, 17.5%, in 1994.
That places Azerbaijan 65th out of 153 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 income, profits and capital gains in Azerbaijan, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1994 | 17.5% | — |
| 1995 | 30.9% | +76.0% |
| 1996 | 28.4% | -7.9% |
| 1997 | 28.4% | +0.0% |
| 1998 | 29.6% | +4.1% |
| 1999 | 30.2% | +2.0% |
| 2008 | 53.1% | +75.9% |
| 2009 | 38.2% | -28.0% |
| 2010 | 39.3% | +2.6% |
| 2011 | 44.9% | +14.5% |
| 2012 | 43.9% | -2.3% |
| 2013 | 41.7% | -5.1% |
| 2014 | 39.3% | -5.8% |
| 2015 | 37.9% | -3.4% |
| 2016 | 35.7% | -5.9% |
| 2017 | 36.0% | +1.0% |
| 2018 | 33.7% | -6.4% |
| 2019 | 30.1% | -10.7% |
| 2020 | 31.8% | +5.6% |
| 2021 | 33.2% | +4.5% |
| 2022 | 48.3% | +45.5% |
| 2023 | 44.2% | -8.5% |
| 2024 | 39.4% | -10.9% |
Azerbaijan compared with similar countries
- Azerbaijan's 39.4% is above the median for upper middle income countries, which is 37.1%, 1.1× the median. (48 countries reporting)
- Azerbaijan's 39.4% is above the median for Europe & Central Asia, which is 39.4%, 1.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +76.0% | 17.5% | 30.9% |
| 2008 | +75.9% | 30.2% | 53.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.5% | 17.5% | 30.9% | 6 |
| 2000s | 45.7% | 38.2% | 53.1% | 2 |
| 2010s | 38.2% | 30.1% | 44.9% | 10 |
| 2020s | 39.4% | 31.8% | 48.3% | 5 |
Countries ranked near Azerbaijan
More public sector data for Azerbaijan
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is taxes on income, profits and capital gains in Azerbaijan?
- Taxes on income, profits and capital gains in Azerbaijan was 39.4% 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 53.1% in 2008.
- What is the lowest taxes on income, profits and capital gains recorded in Azerbaijan?
- The lowest recorded value was 17.5% in 1994.
- How does Azerbaijan rank for taxes on income, profits and capital gains?
- Azerbaijan ranks 65th 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 0.4%. The long-run trend across the full record is rising.
- 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 total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.