Azerbaijan recorded a Government Budget deficit equal to 0.40 percent of the country's Gross Domestic Product in 2018. source: Central Bank of the Republic of Azerbaijan
Government Budget in Azerbaijan averaged 0.04 percent of GDP from 2005 until 2018, reaching an all time high of 0.90 percent of GDP in 2010 and a record low of -1.60 percent of GDP in 2017. 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 November of 2020.
Government Budget in Azerbaijan is expected to reach -12.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Budget is projected to trend around -9.50 percent of GDP in 2021 and -3.50 percent of GDP in 2022, according to our econometric models.