Oil rents as a percentage of gdp reached 21.0% in 2021 in Azerbaijan, according to EIA. This is 88.2% more than in the previous year.
Historically, oil rents as a percentage of GDP in Azerbaijan reached an all time high of 39.6% in 2006 and an all time low of 4.88% in 1998.
Azerbaijan has been ranked 8th within the group of 113 countries we follow in terms of oil rents as a percentage of GDP.
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