Government Budget in Azerbaijan increased to -0.30 percent of GDP in 2019 from -0.40 percent of GDP in 2018. source: Central Bank of the Republic of Azerbaijan

Government Budget in Azerbaijan averaged 0.02 percent of GDP from 2005 until 2019, reaching an all time high of 0.90 percent of GDP in 2010 and a record low of -1.60 percent of GDP in 2017. This page provides - Azerbaijan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Government Budget - values, historical data and charts - was last updated on February of 2021.

Government Budget in Azerbaijan is expected to reach -9.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Budget is projected to trend around -3.50 percent of GDP in 2022, according to our econometric models.

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Azerbaijan Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -0.40 0.90 -1.60 2005 - 2019 percent of GDP Yearly

Azerbaijan Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.40 54.10 54.10 7.30 percent [+]
Government Budget -0.30 -0.40 0.90 -1.60 percent of GDP [+]
Government Revenues 24673.10 22241.10 24673.10 973.00 AZN Million [+]
Fiscal Expenditure 26417.10 22162.70 26417.10 241.50 AZN Million [+]
Military Expenditure 1624.00 1529.00 2183.00 104.00 USD Million [+]
Government Budget Value 1744.00 78.40 2556.10 -1186.00 AZN Million [+]
Government Spending 2749.00 2574.80 2749.00 146.50 AZN Million [+]
Government Spending To GDP 29.90 28.50 33.20 15.20 percent of GDP [+]
Credit Rating 48.00 [+]

Azerbaijan Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.