Azerbaijan's total natural resources rents (% of GDP) was 29.94% in 2021, the latest year in the World Bank's World Development Indicators. That is down 2.94 percentage points from 32.88% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 29.94% | 2021 |
| Five years earlier | 14.79% | 2016 |
| Ten years earlier | 32.88% | 2011 |
| Highest | 44.6% | 1994 |
| Lowest | 5.26% | 1998 |
| Average since 2012 | 22% | 2012–2021 |
| First recorded | 17.73% | 1990 |
What the numbers say
In 2021, Azerbaijan's total natural resources rents (% of GDP) rose 16.94 percentage points on 2020 (from 13% to 29.94%).
Across the 28 yearly changes before that (1991 to 2020), the average change was −1.32 percentage points and a typical year strayed about 8.15 percentage points from that (the standard deviation). This year's change was 2.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 17.69 percentage points in 2000 and the biggest yearly fall was 18.59 percentage points in 1995. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Azerbaijan had the 12th highest value of the 196 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.
| Value | Year | |
|---|---|---|
| Azerbaijan | 29.94% | 2021 |
| World | 3.06% | 2021 |
| Europe & Central Asia | 2.21% | 2021 |
| Upper middle income | 3.84% | 2021 |
Closest to Azerbaijan in the 2021 ranking
- Mongolia — 8th of 196: 33.14%
- Iran, Islamic Rep. — 9th of 196: 30.45%
- Angola — 10th of 196: 29.97%
- Oman — 12th of 196: 29.21%
- Papua New Guinea — 13th of 196: 27.39%
- Qatar — 14th of 196: 27.29%
What this measures
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 31 values
| Year | Total natural resources rents (% of GDP) |
|---|---|
| 2021 | 29.94 |
| 2020 | 13 |
| 2019 | 23.43 |
| 2018 | 27.62 |
| 2017 | 19.67 |
| 2016 | 14.79 |
| 2015 | 14.44 |
| 2014 | 22.52 |
| 2013 | 25.53 |
| 2012 | 29.01 |
| 2011 |
Total natural resources rents (% of GDP) in nearby economies
More environment data for Azerbaijan
- Population in largest city — 2.5 million (2025)
- Population in the largest city (% of urban population) — 41.55% (2025)
- Population in urban agglomerations of more than 1 million — 2.5 million (2025)
- Population in urban agglomerations of more than 1 million (% of total population) — 24.36% (2025)
- Rural population — 4.24 million (2025)
- Rural population (% of total population) — 41.36% (2025)
- Urban population — 6.01 million (2025)
- Urban population (% of total population) — 58.64% (2025)
- Rural population growth (annual %) — 0.28% (2025)
Reading data like this
Questions people ask
- What is Azerbaijan's total natural resources rents (% of GDP)?
- 29.94% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 12.21 percentage points from 17.73% in 1990. The highest value was 44.6% in 1994 and the lowest 5.26% in 1998.
- How does Azerbaijan rank?
- 12th highest of 196 economies with data for 2021.
- Is the latest change in total natural resources rents (% of GDP) unusual for Azerbaijan?
- In 2021, Azerbaijan's total natural resources rents (% of GDP) rose 16.94 percentage points on 2020 (from 13% to 29.94%). Across the 28 yearly changes before that (1991 to 2020), the average change was −1.32 percentage points and a typical year strayed about 8.15 percentage points from that (the standard deviation). This year's change was 2.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.GDP.TOTL.RT.ZS, licensed CC BY 4.0. Original source: The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, Wo… 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.
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