Azerbaijan: Oil revenue

* indicates monthly or quarterly data series
 Azerbaijan

Revenue minus production cost of oil, percent of GDP

 Latest value 20.98
 Year 2021
 Measure percent
 Data availability 1990 - 2021
 Average 23.50
 Min - Max 4.88 - 39.58
 Source The World Bank
The latest value from 2021 is 20.98 percent, an increase from 11.15 percent in 2020. In comparison, the world average is 2.69 percent, based on data from 181 countries. Historically, the average for Azerbaijan from 1990 to 2021 is 23.5 percent. The minimum value, 4.88 percent, was reached in 1998 while the maximum of 39.58 percent was recorded in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Azerbaijan - Oil revenue - Recent values chart

Historical series
Azerbaijan - Oil revenue - historical chart - 1990-2021




Definition: Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.

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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 1.23 2020 percent
 Energy use per $1000 GDP 101.03 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 11.61 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 2021 percent
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