Azerbaijan recorded a Government Budget deficit equal to 1 percent of the country's Gross Domestic Product in 2022. source: Central Bank of the Republic of Azerbaijan

Government Budget in Azerbaijan averaged -0.23 percent of GDP from 2005 until 2022, reaching an all time high of 0.90 percent of GDP in 2010 and a record low of -2.40 percent of GDP in 2020. 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 June of 2023.

Government Budget in Azerbaijan is expected to reach -2.40 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations.

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Azerbaijan Government Budget



Related Last Previous Unit Reference
Government Budget -1.00 -1.10 percent of GDP Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -1.10 0.90 -2.40 2005 - 2022 percent of GDP Yearly