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Azerbaijan Tariff Rate

Azerbaijan's tariff rate fell to 8.89% in 2022, down from 9.26% in 2021, according to World Bank. This represents a decrease of 0.37% from the previous year. Azerbaijan has tariff rate higher than the global median (8.89% vs median 5.90%). Compared with the median in Asia, Azerbaijan is higher (8.89% vs regional median 5.36%) and ranks 9th out of 45 countries in Asia.

Yearly Historical Data (2002-2022)

(in %)
Year Tariff Rate (%)
2022 8.89%
2021 9.26%
2020 9.11%
2019 15.32%
2015 8.52%
2014 9.46%
2013 9.05%
2012 9.21%
2011 8.78%
2009 9.31%
2008 8.26%
2007 9.37%
2005 11.83%
2002 11.47%
Azerbaijan Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Azerbaijan on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $26.55B $33.9B 2024
Annual Imports $21.05B $17.28B 2024
Exports (% GDP) 45.9% 49% 2024
FDI Inflows (% GDP) 0.31% 0.35% 2024
Imports (% GDP) 36.79% 34.54% 2024
Net Trade (Goods & Services, BoP) $6.77B $10.47B 2024
Trade (% GDP) 82.69% 83.54% 2024