Government Spending in Azerbaijan increased to 2265.80 AZN Million in the second quarter of 2019 from 1706.80 AZN Million in the first quarter of 2019. Government Spending in Azerbaijan averaged 1070.32 AZN Million from 2001 until 2019, reaching an all time high of 2522.10 AZN Million in the fourth quarter of 2016 and a record low of 146.50 AZN Million in the first quarter of 2001.

Government Spending in Azerbaijan is expected to be 1749.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Azerbaijan to stand at 2329.00 in 12 months time. In the long-term, the Azerbaijan Government Spending is projected to trend around 2457.00 AZN Million in 2020, according to our econometric models.

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Azerbaijan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2265.80 1706.80 2522.10 146.50 2001 - 2019 AZN Million Quarterly
Current prices NSA

Azerbaijan Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Azerbaijan Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.40 54.10 54.10 7.30 percent [+]
Government Budget -0.40 -1.60 0.90 -1.60 percent of GDP [+]
Government Revenues 21132.20 19273.90 22411.20 973.00 AZN Million [+]
Fiscal Expenditure 20175.30 18433.60 22718.90 241.50 AZN Million [+]
Military Expenditure 1624.00 1529.00 2183.00 104.00 USD Million [+]
Government Spending 2265.80 1706.80 2522.10 146.50 AZN Million [+]
Government Spending To GDP 28.50 25.10 33.20 15.20 percent of GDP [+]
Government Budget Value 956.90 840.30 2214.10 -1186.00 AZN Million [+]
Credit Rating 50.00 [+]