What was Azerbaijan's Natural gas rents (% of GDP) in 2021?

In 2021, Azerbaijan's Natural gas rents (% of GDP) was 8.59, according to World Bank Open Data.

Is Azerbaijan's Natural gas rents (% of GDP) rising or falling?

Azerbaijan's Natural gas rents (% of GDP) rose 439.1% from 2020 to 2021.

How does Azerbaijan rank globally on Natural gas rents (% of GDP)?

In 2021, Azerbaijan ranked #7 out of 190 countries reporting Natural gas rents (% of GDP).

How does Azerbaijan's Natural gas rents (% of GDP) compare to the world average?

The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Azerbaijan is above the world average. Within Europe & Central Asia, it ranks #2 of 49.

Azerbaijan: Natural gas rents (% of GDP)

Name: Azerbaijan: Natural gas rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Azerbaijan's Natural gas rents (% of GDP) was 8.59.

That's up 439.1% from 2020, the highest value on record.

The global average for this indicator in 2021 was 0.93 . Azerbaijan ranks #7 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #2 of 49.

Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 8.59; 2021
Trough: 1.14; 2005
1-year change: +439.1%
5-year change: +357.7%; +35.6% / yr
10-year change: +189.7%; +11.2% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	8.5867
2020	1.5928
2019	2.7833
2018	3.2759
2017	2.2224
2016	1.8762
2015	2.2868
2014	2.2109
2013	2.8809
2012	3.1061

About Natural gas rents (% of GDP)

Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

Indicator code: NY.GDP.NGAS.RT.ZS • Category: Economy

Frequently asked questions

What was Azerbaijan's Natural gas rents (% of GDP) in 2021?: In 2021, Azerbaijan's Natural gas rents (% of GDP) was 8.59, according to World Bank Open Data.
Is Azerbaijan's Natural gas rents (% of GDP) rising or falling?: Azerbaijan's Natural gas rents (% of GDP) rose 439.1% from 2020 to 2021.
How does Azerbaijan rank globally on Natural gas rents (% of GDP)?: In 2021, Azerbaijan ranked #7 out of 190 countries reporting Natural gas rents (% of GDP).
How does Azerbaijan's Natural gas rents (% of GDP) compare to the world average?: The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Azerbaijan is above the world average. Within Europe & Central Asia, it ranks #2 of 49.
What is Natural gas rents (% of GDP) and how is it measured?: Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

Download this data: CSV JSON

Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.