Azerbaijan Military Expenditure: % of GDP

1992 - 2021 | Yearly | % | World Bank

Azerbaijan Military Expenditure: % of GDP data was reported at 5.270 % in 2021. This records a decrease from the previous number of 5.390 % for 2020. Azerbaijan Military Expenditure: % of GDP data is updated yearly, averaging 3.078 % from Dec 1992 (Median) to 2021, with 30 observations. The data reached an all-time high of 5.465 % in 2015 and a record low of 1.947 % in 1994. Azerbaijan Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;Weighted average;Data for some countries are based on partial or uncertain data or rough estimates.

View Azerbaijan's Azerbaijan Military Expenditure: % of GDP from 1992 to 2021 in the chart:

Azerbaijan Azerbaijan Military Expenditure: % of GDP

What was Azerbaijan's Azerbaijan Military Expenditure: % of GDP in 2021?

Last Previous Min Max Unit Frequency Range
5.270 2021 5.390 2020 1.947 1994 5.465 2015 % yearly 1992 - 2021

Related Indicators for Azerbaijan Military Expenditure: % of GDP

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Azerbaijan Key Series

Buy Selected Data

Includes 129 related indicators. Instant access to full history data in excel.
National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 20,812.270 2027 yearly 1992 - 2027
Forecast: Nominal GDP Per Capita (USD) 8,511.798 2028 yearly 1992 - 2028
Forecast: Real GDP Growth (%) 2.572 2028 yearly 1993 - 2028
GDP Deflator Growth (%) 21.7 Dec 2022 quarterly Mar 2002 - Dec 2022
GDP per Capita (USD) 7,126.200 2023 yearly 1990 - 2023
Gross Fixed Capital Formation (USD mn) 3,482.294 Dec 2023 quarterly Mar 2001 - Dec 2023
Gross National Product (GNP) (USD mn) 53,484.118 2021 yearly 1993 - 2021
Gross Savings Rate (%) 31.5 Dec 2023 quarterly Mar 2001 - Dec 2023
Investment: % of GDP (%) 19.4 Dec 2023 quarterly Mar 2001 - Dec 2023
Nominal GDP (USD mn) 20,960.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Nominal GDP Growth (%) -11.065 Dec 2023 quarterly Mar 2002 - Dec 2023
Private Consumption Expenditure (USD mn) 9,663.941 Dec 2023 quarterly Mar 2001 - Dec 2023
Private Consumption: % of GDP (%) 44.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Public Consumption Expenditure (USD mn) 3,031.412 Dec 2023 quarterly Mar 2001 - Dec 2023
Public Consumption: % of GDP (%) 16.4 Dec 2023 quarterly Mar 2001 - Dec 2023
Real GDP Growth (%) 1.1 Dec 2023 quarterly Mar 2001 - Dec 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 86.607 Dec 2023 quarterly Mar 2001 - Dec 2023
Production Last Frequency Range
Gold Production (kg) 3,175.000 2022 yearly 2007 - 2022
Industrial Production Index Growth (%) -0.6 Apr 2024 monthly Dec 2009 - Apr 2024
Minerals Production (Metric Ton) 61,270,470.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 4,537.000 2023 yearly 2013 - 2023
Silver Production (Metric Ton) 3.860 2021 yearly 2008 - 2021
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Forecast: Government Expenditure (AZN bn) 46.691 2028 yearly 1994 - 2028
Forecast: Government Net Debt (AZN bn) 36.658 2029 yearly 1995 - 2029
Forecast: Government Revenue (AZN bn) 43.588 2028 yearly 1994 - 2028
Government Debt: % of GDP (%) 16.8 2021 yearly 2008 - 2021
Tax Revenue (USD mn) 12,978.324 2023 yearly 1993 - 2023
National Government Debt (USD mn) 9,223.0 2021 yearly 2008 - 2021
Consolidated Fiscal Balance (USD mn) 1,476.412 Apr 2024 monthly Dec 2004 - Apr 2024
Tax Revenue: % of GDP (%) 17.9 2023 yearly 1993 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 4,966,400.000 Mar 2024 quarterly Mar 2008 - Mar 2024
Forecast: Population (Person mn) 11.000 2028 yearly 1992 - 2028
Forecast: Unemployment Rate (%) 5.218 2029 yearly 2000 - 2029
Labour Force Participation Rate (%) 70.2 2023 yearly 1990 - 2023
Labour Productivity Growth (%) -0.20 Dec 2023 quarterly Mar 2009 - Dec 2023
Monthly Earnings (USD) 557 Feb 2024 monthly Jan 1995 - Feb 2024
Population (Person mn) 10.2 2023 yearly 1925 - 2023
Unemployment Rate (%) 5.64 Mar 2023 quarterly Mar 2008 - Mar 2023
Domestic Trade and Household Survey Last Frequency Range
Household Expenditure per Capita (USD) 4,334.832 2023 yearly 2000 - 2023
Household Income per Capita (USD) 4,509.654 2023 yearly 2000 - 2023
Motor Vehicle Sales: Commercial Cars (Unit) 654.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 6,046.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicles Sales (Unit) 6,700 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) 67.5 2019 yearly 2006 - 2019
Retail Sales Growth (%) 2.7 Mar 2024 monthly Dec 2007 - Mar 2024
Number of Registered Vehicles (Unit) 1,566,743 2021 yearly 1990 - 2021

More Indicators for Azerbaijan

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data