Azerbaijan: Oil revenue

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Azerbaijan: Revenue minus production cost of oil, percent of GDP

: For that indicator, we provide data for Azerbaijan from 1990 to 2017. The average value for Azerbaijan during that period was 21.34 percent with a minimum of 3.62 percent in 1998 and a maximum of 39.56 percent in 2006. The latest value from 2017 is 17.87 percent. For comparison, the world average in 2017 based on 182 countries is 2.38 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: Oil rents are the difference between the value of crude oil production at world prices and total costs of production.
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