Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Azerbaijan Government Budget: Revenues and Spending

Azerbaijan Government Budget Data

Indicator Data Period
Government Budget Value 1348 AZN Million | 0.793 B USD Dec/22
Government Spending 3340 AZN Million | 1.965 B USD 3Q/22
Government Revenues 30661 AZN Million | 18.036 B USD Dec/22
Government Budget to GDP -1 % 2022
Government Spending to GDP 29.5 % 2021


Latest data on Government Budget Value (AZN Million)

Government Budget Value
                     Azerbaijan - Historical Data (AZN Million)

How much is Azerbaijan Government Budget?

  • The surplus of government budget in Azerbaijan decreased to 1348 AZN Million (0.793 B USD) in December 2022. The maximum surplus was 2556 AZN Million and deficit was -1744 AZN Million.
  • Data published Monthly by Central Bank.

Historical Data (AZN Million) by years

Data
Period
Date
1348 Dec/22 27.01.2023
3003 Nov/22 06.01.2023
3823 Oct/22 29.11.2022
1931 Sep/22 19.10.2022
2519 Apr/22 31.05.2022
1380 Mar/22 18.04.2022
-994 Dec/21 19.01.2022
160 Sep/21 19.10.2021


Historical Chart by presidents (AZN Million)

Government Budget Value in Azerbaijan by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ilham Aliyev 31.10.2003 - 471.1000 650.8000 1141.5000 139.9000 38.14%


Latest data on Government Spending (AZN Million)

Government Spending
                     Azerbaijan - Historical Data (AZN Million)

What is current Azerbaijan Government Spending?

  • Government Spending in Azerbaijan decreased to 3340 AZN Million (1.965 B USD) in the third quarter of 2022. The maximum volume was 3451 AZN Million and minimum was 146 AZN Million
  • Data published Quarterly by Central Bank.

Historical Data (AZN Million) by years

Data
Period
Date
3340 3Q/22 24.01.2023
3685 2Q/22 19.10.2022
3092 1Q/22 30.07.2022
3239 4Q/21 18.04.2022
3112 3Q/21 18.01.2022
3118 2Q/21 08.10.2021
2887 1Q/21 14.08.2021
3451 4Q/20 06.05.2021


Historical Chart by presidents (AZN Million)

Government Spending in Azerbaijan by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ilham Aliyev 31.10.2003 - 2522.1000 2430.0000 2522.1000 1741.0000 -3.65%


Latest data on Government Revenues (AZN Million)

Government Revenues
                     Azerbaijan - Historical Data (AZN Million)

How much is Azerbaijan Government Revenue?

  • Government Revenues in Azerbaijan increased to 30661 AZN Million (18.036 B USD) in December 2022. The maximum volume was 24673 AZN Million and minimum was 127 AZN Million
  • Data published Monthly by Central Bank.

Historical Data (AZN Million) by years

Data
Period
Date
30661 Dec/22 21.01.2023
28978 Nov/22 24.12.2022
27030 Oct/22 19.11.2022
22402 Sep/22 22.10.2022
20185 Aug/22 24.09.2022
17899 Jul/22 25.08.2022
14206 Jun/22 30.07.2022
12442 May/22 25.06.2022


Historical Chart by presidents (AZN Million)

Government Revenues in Azerbaijan by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ilham Aliyev 31.10.2003 - 8245.2000 8245.2000 8245.2000 8245.2000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Azerbaijan - Historical Data (%)

What is the deficit of Azerbaijan Government Budget?

  • The deficit of Current Account to GDP in Azerbaijan increased to 1 % in 2022. The maximum surplus was 0.9 % and deficit was -2.4 %.
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-1 2022 23.01.2023
-1.1 2021 06.05.2022
-2.4 2020 28.02.2021
-0.3 2019 06.01.2021
-0.4 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Azerbaijan by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Government Spending to GDP (%)

Government Spending to GDP
                     Azerbaijan - Historical Data (%)

What is Azerbaijan government spending ratio to GDP?

  • Government Spending to GDP in Azerbaijan decreased to 29.5 % in 2021. The maximum level was 36.5 % and minimum was 15.2 %.
  • Data published Yearly by State Statistical Committee.

Historical Data (%) by years

Data
Period
Date
29.5 2021 06.05.2022
36.5 2020 28.02.2021
29.9 2019 06.01.2021
28.5 2018 04.07.2019


Historical Chart by presidents (%)

Government Spending to GDP in Azerbaijan by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Azerbaijan

Index Updated Actual Previous
Government Debt to GDP 2021 18.2 % 20.1
Fiscal Expenditure  Dec/22 18.828 B USD 15.28
Military Expenditure 2021 2.703 B USD 2.238

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2021 -6.23 % -5.48
Jordan 2021 -5.4 % -7
Kyrgyzstan 2021 -0.2 % 0.5
Mongolia 2021 -6.8 % -11.5
Nepal 2021 -6.3 % -6.8
Palestine 2021 1.9 % -0.7
Tajikistan 2021 0.2 % 0.3
Cambodia 2020 -2.6 % 0.5
China 2022 -7.4 % -6.1
Georgia 2021 -6 % -9.3
India 2021 -6.9 % -9.5
Israel 2022 0.6 % -4.4
Pakistan 2021 -7.1 % -8.1
South Korea 2021 -5.6 % -3.5
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % 4
Maldives 2021 -16.6 % -23.5
Armenia 2021 -4.6 % -5.4
Hong Kong 2021 -3.6 % -12
Indonesia 2022 -2.38 % -4.65
Japan 2021 -5.9 % -9.3
Kazakhstan 2020 -4 % -1.8
Lebanon 2020 -3.5 % -10.4
Malaysia 2021 -6.4 % -6.2
Philippines 2021 -8.6 % -7.6
Qatar 2021 0.24 % -2
Singapore 2021 -0.9 % -10.8
Sri Lanka 2021 -12.2 % -11.1
Thailand 2022 -4.9 % -9.1
Oman 2021 -2.6 % -16
Iran 2021 -3.9 % -9.5
Laos 2021 -1.3 % -5.2
Azerbaijan 2022 -1 % -1.1
Kuwait 2021 -0.5 % -12.8
Saudi Arabia 2021 -2.3 % -11.2
Bahrain 2021 -35 % -13.1
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2021 -0.3 % 0.1
Uzbekistan 2021 -6 % -4.4
Iraq 2021 -0.8 % -12.8
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2022 -7.8 % -6.3
Brunei 2020 -19.3 % -5.6
Mauritius 2021 -5 % -5.6