Azerbaijan recorded a Government Budget deficit equal to 1.60 percent of the country's Gross Domestic Product in 2017. Government Budget in Azerbaijan averaged 0.08 percent of GDP from 2005 until 2017, 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.

Government Budget in Azerbaijan is expected to be -1.20 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Budget is projected to trend around -0.80 percent of GDP in 2020, according to our econometric models.

Azerbaijan Government Budget
Forecast Data Chart
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Azerbaijan Government Last Previous Highest Lowest Unit
Government Debt to GDP 46.40 51.10 51.10 7.30 percent [+]
Government Budget -1.60 -0.40 0.90 -1.60 percent of GDP [+]
Government Revenues 16089.70 14029.70 18400.50 973.00 AZN Million [+]
Fiscal Expenditure 15666.00 13485.70 18699.30 241.50 AZN Million [+]
Military Expenditure 1478.58 1396.97 1940.53 92.70 USD Million [+]
Government Spending 2192.30 1712.20 2522.10 146.50 AZN Million [+]
Government Spending To GDP 25.10 29.60 33.20 15.20 percent of GDP [+]
Government Budget Value 423.70 544.00 2214.10 -1186.00 AZN Million [+]
Credit Rating 55.00 [+]

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. This page provides - Azerbaijan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -0.40 0.90 -1.60 2005 - 2017 percent of GDP Yearly

Country Last
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17