Azerbaijan: Revenue minus production cost of oil, percent of GDP
:
For that indicator, we provide data for Azerbaijan from 1990 to 2018. The average value for Azerbaijan during that period was 21.47 percent with a minimum of 3.62 percent in 1998 and a maximum of 39.56 percent in 2006.
The latest value from 2018 is 25.28 percent. For comparison, the world average in 2018 based on 182
countries is 3.00 percent.
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global rankings for that indicator or
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country comparator to compare trends over time.
Definition: Oil rents are the difference between the value of crude oil production at world prices and total costs of production.
