Azerbaijan: Tax revenue
* indicates monthly or quarterly data series
| Azerbaijan |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 13.42 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2008 - 2021 |
| Average | 13.89 |
| Min - Max | 12.16 - 16.42 |
| Source | The World Bank |
The latest value from 2021 is 13.42 percent, a decline from 15.19 percent in 2020. In comparison, the world average is 16.61 percent, based on data from 120 countries. Historically, the average for Azerbaijan from 2008 to 2021 is 13.89 percent. The minimum value, 12.16 percent, was reached in 2010 while the maximum of 16.42 percent was recorded in 2008.
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Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 14.01 | 2023 | percent |
| Government spending, in dollars | 10.14 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 5.96 | 2022 | percent |
| Government debt | 17.32 | 2022 | percent |
| Government expenditure | 4.26 | Q3/2024 | billion |
| Tax revenue | 13.42 | 2021 | percent |
| Commercial tax rate | 40.70 | 2019 | percent |
| Tax preparation time | 159 | 2019 | hours |
| Number of taxes | 9 | 2019 | taxes |
| Taxes on goods and services | 22.34 | 2021 | percent |
| Taxes on international trade | 4.51 | 2021 | percent |
| Income and profits taxes | 13.77 | 2021 | percent |
| Foreign aid | 47.17 | 2022 | million U.S. dollars |