Azerbaijan vs Iran, Islamic Republic of: Oil rents
Azerbaijan
21.0%
in 2021
Iran, Islamic Republic of
18.3%
in 2021
Azerbaijan rank
9th
Iran, Islamic Republic of rank
10th
Oil rents over time
- Azerbaijan
- Iran, Islamic Republic of
How they compare
Azerbaijan currently reports 21.0% against 18.3% in Iran, Islamic Republic of, a difference of 2.7%.
That makes Azerbaijan's figure about 1.1 times Iran, Islamic Republic of's.
The two have swapped places 9 times across 30 shared years of data; in 1990 it was Iran, Islamic Republic of ahead.
Azerbaijan ranks 9th and Iran, Islamic Republic of ranks 10th of 201 countries.
Azerbaijan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Iran, Islamic Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21.0% | 20.3% | 0.7% | Azerbaijan |
| 2000s | 31.0% | 25.7% | 5.3% | Azerbaijan |
| 2010s | 21.1% | 18.9% | 2.2% | Azerbaijan |
| 2020s | 16.1% | 15.8% | 0.3% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Azerbaijan or Iran, Islamic Republic of?
- Azerbaijan, at 21.0% against 18.3% in Iran, Islamic Republic of as of 2021.
- What is the difference in oil rents between Azerbaijan and Iran, Islamic Republic of?
- 2.7%, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Iran, Islamic Republic of?
- 30 years are reported by both, from 1990 to 2021.
- How do Azerbaijan and Iran, Islamic Republic of rank globally for oil rents?
- Azerbaijan ranks 9th and Iran, Islamic Republic of ranks 10th 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.