Azerbaijan: Natural resources income
* indicates monthly or quarterly data series
| Azerbaijan |
Income from natural resources, percent of GDP |
|---|---|
| Latest value | 29.94 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1990 - 2021 |
| Average | 26.50 |
| Min - Max | 5.26 - 44.60 |
| Source | The World Bank |
The latest value from 2021 is 29.94 percent, an increase from 13 percent in 2020. In comparison, the world average is 6.83 percent, based on data from 186 countries. Historically, the average for Azerbaijan from 1990 to 2021 is 26.5 percent. The minimum value, 5.26 percent, was reached in 1998 while the maximum of 44.6 percent was recorded in 1994.
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The natural resources include oil, natural gas, coal, minerals, and the forest.
Definition: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gasoline prices | 0.56 | 2016 | dollars |
| Diesel prices | 0.35 | 2016 | dollars |
| Energy use per capita | 1,502.08 | 2014 | kilograms of oil equivalent |
| Share of clean energy | 1.30 | 2021 | percent |
| Energy use per $1000 GDP | 72.51 | 2014 | kilograms of oil equivalent |
| Electricity from renewable sources, kWh | 101.00 | 2015 | million kWh |
| Carbon dioxide (CO2) emissions | 34,305 | 2020 | kt |
| Carbon dioxide (CO2) emissions per capita | 3.40 | 2020 | metric tons |
| Greenhouse gas emissions | 55,352 | 2020 | kt of CO2 equivalent |
| GDP per unit of energy | 11.69 | 2014 | GDP per kg of oil equivalent |
| Energy imports | -310.38 | 2014 | percent |
| Natural resources income | 29.94 | 2021 | percent |
| Oil revenue | 20.98 | 2021 | percent |
| Natural gas revenue | 8.59 | 2021 | percent |
| Access to electricity | 100.00 | 2022 | percent |