Natural gas rents in Azerbaijan
Azerbaijan: Natural gas rents was 8.6% in 2021. ◆ Volatile
Natural gas rents in Azerbaijan, 1990–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in Azerbaijan stood at 8.6%. That is the highest value across all 31 years on record.
That represents a change of up 439.1% on the previous year and up 189.7% over ten years.
Over the whole period, natural gas rents in Azerbaijan peaked at 8.6% in 2021 and was at its lowest, 0.4%, in 1998.
Azerbaijan ranks 7th of 201 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Natural gas rents in Azerbaijan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 2.2% | — |
| 1991 | 1.3% | -38.6% |
| 1993 | 5.2% | +292.3% |
| 1994 | 6.3% | +19.8% |
| 1995 | 5.9% | -5.9% |
| 1996 | 4.4% | -25.1% |
| 1997 | 3.4% | -23.0% |
| 1998 | 0.4% | -89.1% |
| 1999 | 0.4% | +1.7% |
| 2000 | 2.1% | +459.0% |
| 2001 | 4.2% | +98.9% |
| 2002 | 2.6% | -37.8% |
| 2003 | 2.4% | -6.9% |
| 2004 | 1.9% | -21.7% |
| 2005 | 1.1% | -40.1% |
| 2006 | 1.9% | +65.2% |
| 2007 | 2.3% | +20.3% |
| 2008 | 3.5% | +55.7% |
| 2009 | 2.9% | -16.6% |
| 2010 | 2.3% | -22.9% |
| 2011 | 3.0% | +30.3% |
| 2012 | 3.1% | +4.8% |
| 2013 | 2.9% | -7.2% |
| 2014 | 2.2% | -23.3% |
| 2015 | 2.3% | +3.4% |
| 2016 | 1.9% | -18.0% |
| 2017 | 2.2% | +18.4% |
| 2018 | 3.3% | +47.4% |
| 2019 | 2.8% | -15.0% |
| 2020 | 1.6% | -42.8% |
| 2021 | 8.6% | +439.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.3% | 0.4% | 6.3% | 9 |
| 2000s | 2.5% | 1.1% | 4.2% | 10 |
| 2010s | 2.6% | 1.9% | 3.3% | 10 |
| 2020s | 5.1% | 1.6% | 8.6% | 2 |
Countries ranked near Azerbaijan
- 4 Uzbekistan 11.0% compare
- 5 Papua New Guinea 9.1% compare
- 6 Iran, Islamic Republic of 8.8% compare
- 8 Algeria 8.0% compare
- 9 Turkmenistan 7.6% compare
- 10 Equatorial Guinea 6.6% compare
More energy & mining data for Azerbaijan
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -2.15 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 5.5% (2025)
Frequently asked questions
- What is natural gas rents in Azerbaijan?
- Natural gas rents in Azerbaijan was 8.6% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Azerbaijan?
- The highest recorded value was 8.6% in 2021.
- What is the lowest natural gas rents recorded in Azerbaijan?
- The lowest recorded value was 0.4% in 1998.
- How does Azerbaijan rank for natural gas rents?
- Azerbaijan ranks 7th out of 201 countries with data for 2021.
- Is natural gas rents rising or falling in Azerbaijan?
- Over the last ten years it is up 189.7%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Natural gas rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.