Country Profile: Azerbaijan

Tax to GDP ratio: 22.9%

Aviation: No tax in place

Financial Transactions Tax (FTT): No information available

Oil & Gas Revenues:

  • Total government revenue from oil & gas in 2022: $21.7 Bn
  • Share of oil & gas activity covered: 31.4%

Source: PBPR

These figures represents an aggregate of fossil fuel revenues collected through various fiscal instruments, including royalties, taxes, and production entitlements.

Carbon Pricing: No carbon pricing instrument in place

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