Azerbaijan recorded a Government Budget deficit equal to 0.40 percent of the country's Gross Domestic Product in 2024. Government Budget in Azerbaijan averaged -0.27 percent of GDP from 2005 until 2024, 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. source: Central Bank of the Republic of Azerbaijan
Government Budget in Azerbaijan is expected to reach -1.30 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Budget is projected to trend around -1.50 percent of GDP in 2026, according to our econometric models.