Azerbaijan vs Europe & Central Asia (IDA & IBRD countries): Oil rents
Azerbaijan
21.0%
in 2021
Europe & Central Asia (IDA & IBRD countries)
4.8%
in 2021
Azerbaijan rank
9th
Europe & Central Asia (IDA & IBRD countries) rank
7th
Oil rents over time
- Azerbaijan
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Azerbaijan currently reports 21.0% against 4.8% in Europe & Central Asia (IDA & IBRD countries), a difference of 16.2%.
That makes Azerbaijan's figure about 4.3 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 31 years both countries report, Azerbaijan has been ahead every year.
Azerbaijan ranks 9th and Europe & Central Asia (IDA & IBRD countries) ranks 7th of 201 countries.
Azerbaijan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.5% | 2.8% | 16.7% | Azerbaijan |
| 2000s | 31.0% | 5.4% | 25.7% | Azerbaijan |
| 2010s | 21.1% | 4.5% | 16.5% | Azerbaijan |
| 2020s | 16.1% | 3.6% | 12.5% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Azerbaijan or Europe & Central Asia (IDA & IBRD countries)?
- Azerbaijan, at 21.0% against 4.8% in Europe & Central Asia (IDA & IBRD countries) as of 2021.
- What is the difference in oil rents between Azerbaijan and Europe & Central Asia (IDA & IBRD countries)?
- 16.2%, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Europe & Central Asia (IDA & IBRD countries)?
- 31 years are reported by both, from 1990 to 2021.
- How do Azerbaijan and Europe & Central Asia (IDA & IBRD countries) rank globally for oil rents?
- Azerbaijan ranks 9th and Europe & Central Asia (IDA & IBRD countries) ranks 7th of 201 countries.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Oil rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.