Azerbaijan recorded a government budget surplus of 474.60 AZN Million in November of 2018. Government Budget Value in Azerbaijan averaged 400.81 AZN Million from 2005 until 2018, reaching an all time high of 2214.10 AZN Million in October of 2013 and a record low of -1186 AZN Million in July of 2016.
Government Budget Value in Azerbaijan is expected to be 450.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Azerbaijan to stand at -330.00 in 12 months time. In the long-term, the Azerbaijan Government Budget Value is projected to trend around -590.00 AZN Million in 2020, according to our econometric models.