Government Spending in Azerbaijan increased to 2554.40 AZN Million in the fourth quarter of 2019 from 2431.80 AZN Million in the third quarter of 2019.

Government Spending in Azerbaijan averaged 1106.25 AZN Million from 2001 until 2019, reaching an all time high of 2554.40 AZN Million in the fourth quarter of 2019 and a record low of 146.50 AZN Million in the first quarter of 2001. This page provides - Azerbaijan Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Government Spending - values, historical data and charts - was last updated on July of 2020.

Government Spending in Azerbaijan is expected to be 2322.00 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 2626.00 in 12 months time. In the long-term, the Azerbaijan Government Spending is projected to trend around 2508.00 AZN Million in 2021 and 2573.00 AZN Million in 2022, according to our econometric models.

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Azerbaijan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2554.40 2431.80 2554.40 146.50 2001 - 2019 AZN Million Quarterly
Current prices NSA

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 10527.50 9574.20 24199.60 973.00 AZN Million [+]
Fiscal Expenditure 9392.20 7267.70 24404.80 241.50 AZN Million [+]
Military Expenditure 1624.00 1529.00 2183.00 104.00 USD Million [+]
Government Budget Value 1135.30 2306.50 2556.10 -1186.00 AZN Million [+]
Government Spending 2554.40 2431.80 2554.40 146.50 AZN Million [+]
Government Spending To GDP 28.50 25.10 33.20 15.20 percent of GDP [+]
Credit Rating 48.00 [+]


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.