Azerbaijan's expense (current LCU) was 30.83 billion in 2022, the latest year in the World Bank's World Development Indicators. That is up 153.81% from 12.15 billion in 2012 (9.76% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 30.83 billion | 2022 |
| Five years earlier | 19.67 billion | 2017 |
| Ten years earlier | 12.15 billion | 2012 |
| Highest | 30.83 billion | 2022 |
| Lowest | 128.14 million | 1994 |
| Average since 2013 | 19.26 billion | 2013–2022 |
| First recorded | 128.14 million |
What the numbers say
In 2022, Azerbaijan's expense (current LCU) rose 21.8% on 2021 (from 25.3 billion to 30.83 billion).
Across the 18 yearly changes before that (1995 to 2021), the average change was +23.5% and a typical year strayed about 52.6% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 230.2% in 1995 and the biggest yearly fall was 12.8% in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is upward, about 1.92 billion a year. A straight line explains 91% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 32.34 billion for 2025. We show this only because the same method, fitted on earlier years, predicted 2020 to 2022 better than "no change" would have: its average miss was 4.85 billion, against 7.03 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2022, Azerbaijan had the 22nd highest value of the 25 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Azerbaijan in the 2022 ranking
- Ireland — 19th of 25: 100.2 billion
- Slovak Republic — 20th of 25: 43.74 billion
- Ecuador — 21st of 25: 35.35 billion
- Lesotho — 23rd of 25: 15.5 billion
- Solomon Islands — 24th of 25: 3.46 billion
- Timor-Leste — 25th of 25: 1.68 billion
What this measures
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 21 values
| Year | Expense (current LCU) |
|---|---|
| 2022 | 30,825,538,932 |
| 2021 | 25,299,462,000 |
| 2020 | 24,626,821,000 |
| 2019 | 19,888,000,000 |
| 2018 | 17,141,500,000 |
| 2017 | 19,665,556,000 |
| 2016 | 16,433,200,000 |
| 2015 | 13,480,100,000 |
| 2014 | 13,042,700,000 |
| 2013 | 12,174,900,000 |
| 2012 |
Expense (current LCU) in nearby economies
- Albania — 601.38 billion (2023)
- Armenia — 1.99 trillion (2023)
- Austria — 219.95 billion (2023)
- Belarus — 62.05 billion (2023)
- Belgium — 223.05 billion (2022)
- Bosnia and Herzegovina — 17.62 billion (2023)
- Bulgaria — 33.8 billion (2023)
- Croatia — 30.19 billion (2023)
- Cyprus — 12.48 billion (2023)
- Czechia — 2.43 trillion (2022)
- Denmark — 929.46 billion (2023)
- Estonia — 14.45 billion (2023)
More public sector data for Azerbaijan
- Military expenditure (current USD) — 4.94 billion (2025)
- Military expenditure (current LCU) — 8.4 billion (2025)
- Military expenditure (% of GDP) — 6.47% (2025)
- Military expenditure (% of general government expenditure) — 17.68% (2025)
- Armed forces personnel, total — 82,000 (2020)
- Armed forces personnel (% of total labor force) — 1.58% (2020)
- Intentional homicides (per 100,000 people) — 2.16 (2023)
- Arms imports (SIPRI trend indicator values) — 463 million (2025)
- Net investment in nonfinancial assets (current LCU) — 10.05 billion (2024)
Reading data like this
Questions people ask
- What is Azerbaijan's expense (current LCU)?
- 30.83 billion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is up 23,956% from 128.14 million in 1994 (21.63% a year on average, compounded). The highest value was 30.83 billion in 2022 and the lowest 128.14 million in 1994.
- How does Azerbaijan rank?
- 22nd highest of 25 economies with data for 2022.
Source
World Bank, World Development Indicators, indicator GC.XPN.TOTL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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