Government Spending in Azerbaijan increased to 2192.30 AZN Million in the second quarter of 2018 from 1712.20 AZN Million in the first quarter of 2018. Government Spending in Azerbaijan averaged 1012.98 AZN Million from 2001 until 2018, reaching an all time high of 2522.10 AZN Million in the fourth quarter of 2016 and a record low of 146.50 AZN Million in the first quarter of 2001.

Government Spending in Azerbaijan is expected to be 2471.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Azerbaijan to stand at 1772.00 in 12 months time. In the long-term, the Azerbaijan Government Spending is projected to trend around 2614.00 AZN Million in 2020, according to our econometric models.

Azerbaijan Government Spending
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 18196.90 16089.70 18400.50 973.00 AZN Million [+]
Fiscal Expenditure 17769.90 15666.00 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 427.00 423.70 2214.10 -1186.00 AZN Million [+]
Credit Rating 55.00 [+]

Azerbaijan Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Azerbaijan Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2192.30 1712.20 2522.10 146.50 2001 - 2018 AZN Million Quarterly
Current prices NSA

Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18