Azerbaijan Government Spending2022 Data - 2023 Forecast - 2001-2021 Historical

Name: Azerbaijan Government Spending
Creator: TRADING ECONOMICS
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Keywords: Azerbaijan,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in Azerbaijan increased to 3239.40 AZN Million in the fourth quarter of 2021 from 3112.20 AZN Million in the third quarter of 2021. source: The State Statistical Committee of the Republic of Azerbaijan

Government Spending in Azerbaijan averaged 1290.78 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 July of 2022.

Government Spending in Azerbaijan is expected to be 3218.00 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 3344.00 AZN Million in 2023 and 3397.00 AZN Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Revenues	12442.20	10687.60	AZN Million	May 2022
Fiscal Expenditure	10450.00	8168.70	AZN Million	May 2022
Government Budget Value	2518.90	1380.10	AZN Million	Apr 2022
Government Spending To GDP	29.50	36.50	percent of GDP	Dec 2021
Government Spending	3239.40	3112.20	AZN Million	Dec 2021

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.