Government Spending in Azerbaijan increased to 2265.80 AZN Million in the second quarter of 2019 from 1706.80 AZN Million in the first quarter of 2019. Azerbaijan Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Azerbaijan averaged 1070.32 AZN Million from 2001 until 2019, 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. This page provides - Azerbaijan Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Azerbaijan is expected to be 1749.00 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 2329.00 in 12 months time. In the long-term, the Azerbaijan Government Spending is projected to trend around 2394.00 AZN Million in 2021 and 2457.00 AZN Million in 2022, according to our econometric models.


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Azerbaijan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2265.80 1706.80 2522.10 146.50 2001 - 2019 AZN Million Quarterly
Current prices NSA


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.