Azerbaijan recorded a Government Budget deficit equal to 1.10 percent of the country's Gross Domestic Product in 2021. source: Central Bank of the Republic of Azerbaijan
Government Budget in Azerbaijan averaged -0.19 percent of GDP from 2005 until 2021, 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 July of 2022.
Government Budget in Azerbaijan is expected to reach -0.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Budget is projected to trend around -0.50 percent of GDP in 2023 and -1.50 percent of GDP in 2024, according to our econometric models.