Azerbaijan - Oil Rents
Since 2014, Azerbaijan Oil Rents grew 1.7points year on year. In 2019, the country was ranked number 8 among other countries in Oil Rents with 22.25 Percent of GDP. Azerbaijan is overtaken by Oman, which was ranked number 7 with 23.7 Percent of GDP and is followed by Angola at 20.74 Percent of GDP. Republic of the Congo topped the ranking with 43.88 Percent of GDP in 2019, that is a decrease of 12.2points versus 2018. Iraq, Kuwait and Libya respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +20.4points per year, while Mauritania recorded the worst performance at -100points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 22.25 |
| 2018 | 25.28 |
| 2017 | 17.82 |
| 2016 | 13.17 |
| 2015 | 12.04 |
Download all data from 1990 to 2019
How does Azerbaijan rank in Oil Rents?
| # | 104 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Republic of the Congo
|
43.88 % | 2019 | -12.2 % | +4.5 % | View data | |
| 2 |
#2
Iraq
|
41.37 % | 2019 | -8.9 % | -1.9 % | View data | |
| 7 |
#7
Oman
|
23.70 % | 2019 | -11.8 % | -8.0 % | View data | |
| 8 |
#8
Azerbaijan
|
22.25 % | 2019 | -12.0 % | +1.7 % | View data | |
| 9 |
#9
Angola
|
20.74 % | 2019 | -19.1 % | -2.1 % | View data | |