Explicit fossil fuel subsidies as a share of GDP in Azerbaijan

Azerbaijan: Explicit fossil fuel subsidies as a share of GDP was 8.4% in 2024. ◆ Volatile

Latest (2024)
8.4%
Change on year
down 22.6%
World rank
6th
of 194 countries
All-time high
24.0%
in 2022
All-time low
2.0%
in 2020
Years of data
15
2010–2024

Explicit fossil fuel subsidies as a share of GDP in Azerbaijan, 2010–2024

05101520252010201720242010: 2.7 %2011: 5.4 %2012: 5.9 %2013: 6.5 %2014: 3.6 %2015: 2.7 %2016: 5.5 %2017: 4.3 %2018: 6.9 %2019: 4.5 %2020: 2 %2021: 9.9 %2022: 24 %2023: 10.8 %2024: 8.4 %

Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in %.

Analysis

In 2024, explicit fossil fuel subsidies as a share of gdp in Azerbaijan stood at 8.4%.

Compared with earlier readings it is down 22.6% on the previous year and up 134.1% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Azerbaijan peaked at 24.0% in 2022 and was at its lowest, 2.0%, in 2020.

Azerbaijan ranks 6th of 194 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Explicit fossil fuel subsidies as a share of GDP in Azerbaijan, year by year

Annual values for Explicit fossil fuel subsidies as a share of GDP in Azerbaijan, 2010 to 2024.
Year % Change
2010 2.7% —
2011 5.4% +101.1%
2012 5.9% +9.4%
2013 6.5% +9.6%
2014 3.6% -45.0%
2015 2.7% -25.1%
2016 5.5% +104.9%
2017 4.3% -21.5%
2018 6.9% +60.3%
2019 4.5% -34.7%
2020 2.0% -54.8%
2021 9.9% +385.8%
2022 24.0% +142.1%
2023 10.8% -54.9%
2024 8.4% -22.6%

Azerbaijan compared with similar countries

  • Azerbaijan's 8.4% is above the median for upper middle income countries, which is 0.1%, 76.2× the median. (57 countries reporting)
  • Azerbaijan's 8.4% is above the median for Europe & Central Asia, which is 0.4%, 20.0× the median. (49 countries reporting)

Biggest year-on-year movements

Years where Explicit fossil fuel subsidies as a share of GDP in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +385.8% 2.0% 9.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.8% 2.7% 6.9% 10
2020s 11.0% 2.0% 24.0% 5

Countries ranked near Azerbaijan

  1. 3 Uzbekistan 12.7% compare
  2. 4 Algeria 12.4% compare
  3. 5 Libya 12.2% compare
  4. 7 Iraq 7.5% compare
  5. 8 Kuwait 6.9% compare
  6. 9 Russia 6.7% compare

See the full ranking of 194 places →

More energy & mining data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Azerbaijan?
Explicit fossil fuel subsidies as a share of gdp in Azerbaijan was 8.4% in 2024, according to United Nations Environment Programme – with minor processing by Our World in Data.
What is the highest explicit fossil fuel subsidies as a share of gdp recorded in Azerbaijan?
The highest recorded value was 24.0% in 2022.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Azerbaijan?
The lowest recorded value was 2.0% in 2020.
How does Azerbaijan rank for explicit fossil fuel subsidies as a share of gdp?
Azerbaijan ranks 6th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Azerbaijan?
Over the last ten years it is up 134.1%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from United Nations Environment Programme – with minor processing by Our World in Data, published as part of Explicit fossil fuel subsidies as a share of GDP. Statizoid updates them automatically from the source API.

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Explicit fossil fuel subsidies as a share of GDP in Azerbaijan. Statizoid, drawing on United Nations Environment Programme – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-gdp/azerbaijan/

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About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
United Nations Environment Programme – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 2,687 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).