Government Spending in Azerbaijan decreased to 1900.70 AZN Million in the first quarter of 2020 from 2554.40 AZN Million in the fourth quarter of 2019. source: The State Statistical Committee of the Republic of Azerbaijan

Government Spending in Azerbaijan averaged 1116.56 AZN Million from 2001 until 2020, 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 January of 2021.

Government Spending in Azerbaijan is expected to be 2439.00 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 1954.00 in 12 months time. In the long-term, the Azerbaijan Government Spending is projected to trend around 2518.00 AZN Million in 2021 and 2558.00 AZN Million in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Azerbaijan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1900.70 2554.40 2554.40 146.50 2001 - 2020 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 -0.30 -0.40 0.90 -1.60 percent of GDP [+]
Government Revenues 22241.10 20207.10 24199.60 973.00 AZN Million [+]
Fiscal Expenditure 22162.70 20722.10 24404.80 241.50 AZN Million [+]
Military Expenditure 1624.00 1529.00 2183.00 104.00 USD Million [+]
Government Budget Value 78.40 515.00 2556.10 -1186.00 AZN Million [+]
Government Spending 1900.70 2554.40 2554.40 146.50 AZN Million [+]
Government Spending To GDP 29.90 28.50 33.20 15.20 percent of GDP [+]
Credit Rating 48.00 [+]

Azerbaijan Government 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.