Government Spending in Azerbaijan increased to 3451.40 AZN Million in the fourth quarter of 2020 from 2749 AZN Million in the third quarter of 2020. source: The State Statistical Committee of the Republic of Azerbaijan

Government Spending in Azerbaijan averaged 1184.38 AZN Million from 2001 until 2020, 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 May of 2021.

Government Spending in Azerbaijan is expected to be 2439.00 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 2379.32 in 12 months time. In the long-term, the Azerbaijan Government Spending is projected to trend around 2518.00 AZN Million in 2022 and 2558.00 AZN Million in 2023, according to our econometric models.

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Azerbaijan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
3451.40 2749.00 3451.40 146.50 2001 - 2020 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 [+]
Government Budget -2.40 -0.30 0.90 -2.40 percent of GDP [+]
Government Revenues 5736.40 4029.40 24673.10 973.00 AZN Million [+]
Fiscal Expenditure 5523.70 3469.80 26417.10 241.50 AZN Million [+]
Government Budget Value 212.70 559.60 2556.10 -1186.00 AZN Million [+]
Government Spending 3451.40 2749.00 3451.40 146.50 AZN Million [+]
Government Spending To GDP 36.50 29.90 36.50 15.20 percent of GDP [+]
Credit Rating 48.00 [+]
Military Expenditure 1804.00 1672.00 2262.00 108.00 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.