Government Budget in Azerbaijan decreased to -2.40 percent of GDP in 2020 from -0.30 percent of GDP in 2019. source: Central Bank of the Republic of Azerbaijan

Government Budget in Azerbaijan averaged -0.13 percent of GDP from 2005 until 2020, 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 2021.

Government Budget in Azerbaijan is expected to reach -9.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Budget is projected to trend around -3.50 percent of GDP in 2022, according to our econometric models.

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Azerbaijan Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -0.30 0.90 -2.40 2005 - 2020 percent of GDP Yearly

Azerbaijan Government Last Previous Highest Lowest Unit
Government Debt to GDP 20.10 17.70 25.40 3.20 percent of GDP [+]
Government Budget -2.40 -0.30 0.90 -2.40 percent of GDP [+]
Government Revenues 8234.30 5736.40 24673.10 973.00 AZN Million [+]
Fiscal Expenditure 7527.70 5523.70 26417.10 241.50 AZN Million [+]
Government Spending 3451.40 2749.00 3451.40 146.50 AZN Million [+]
Government Spending To GDP 36.50 29.90 36.50 15.20 percent of GDP [+]
Government Budget Value 706.60 212.70 2556.10 -1186.00 AZN Million [+]
Credit Rating 48.00 [+]
Military Expenditure 2173.00 1854.00 2330.00 78.00 USD Million [+]


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.