Government Spending in Azerbaijan increased to 3685.40 AZN Million in the second quarter of 2022 from 3091.90 AZN Million in the first quarter of 2022. source: The State Statistical Committee of the Republic of Azerbaijan

Government Spending in Azerbaijan averaged 1339.57 AZN Million from 2001 until 2022, reaching an all time high of 3685.40 AZN Million in the second quarter of 2022 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 December of 2022.

Government Spending in Azerbaijan is expected to be 3353.00 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 3447.00 AZN Million in 2023 and 3550.00 AZN Million in 2024, according to our econometric models.

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Azerbaijan Government Spending

Related Last Previous Unit Reference
Government Revenues 27029.50 22401.50 AZN Million Oct 2022
Fiscal Expenditure 23206.10 20470.70 AZN Million Oct 2022
Government Budget Value 3823.40 1930.80 AZN Million Oct 2022
Government Spending 3685.40 3091.90 AZN Million Jun 2022
Government Spending to GDP 29.50 36.50 percent of GDP 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.
Actual Previous Highest Lowest Dates Unit Frequency
3685.40 3091.90 3685.40 146.50 2001 - 2022 AZN Million Quarterly
Current prices NSA