Oil rents as a percentage of gdp reached 15.3% in 2020 in Azerbaijan, according to EIA. This is 29.6% less than in the previous year.
Historically, oil rents as a percentage of GDP in Azerbaijan reached an all time high of 39.7% in 2006 and an all time low of 3.66% in 1998.
Azerbaijan has been ranked 10th within the group of 100 countries we follow in terms of oil rents as a percentage of GDP.
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