Government Spending in Azerbaijan decreased to 2886.80 AZN Million in the first quarter of 2021 from 3451.40 AZN Million in the fourth quarter of 2020. source: The State Statistical Committee of the Republic of Azerbaijan

Government Spending in Azerbaijan averaged 1205.40 AZN Million from 2001 until 2021, reaching an all time high of 3451.40 AZN Million in the fourth quarter of 2020 and a record low of 146.50 AZN Million in the first quarter of 2001. This page provides - Azerbaijan Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in Azerbaijan is expected to be 2826.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Spending is projected to trend around 3619.00 AZN Million in 2022 and 3677.00 AZN Million in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Azerbaijan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2886.80 3451.40 3451.40 146.50 2001 - 2021 AZN Million Quarterly
Current prices NSA

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 14049.30 11755.00 24673.10 127.10 AZN Million [+]
Fiscal Expenditure 13681.60 11590.50 26417.10 43.30 AZN Million [+]
Government Spending 2886.80 3451.40 3451.40 146.50 AZN Million [+]
Government Spending To GDP 36.50 29.90 36.50 15.20 percent of GDP [+]
Government Budget Value 367.70 164.50 2556.10 -1744.00 AZN Million [+]
Credit Rating 48.00 [+]
Military Expenditure 2173.00 1854.00 2330.00 78.00 USD Million [+]

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.