BAKU, Azerbaijan, March 12. The state budget revenues via the State Tax Service under the Ministry of Economy in Azerbaijan from January through February 2025 exceeded three billion manat ($1.7 billion).
Data obtained by Trend from the State Tax Service shows that the
revenues from the non-oil and gas sector exceeded two billion manat
($1 billion). The metric experienced an uptick of 204.7 million
manat ($120.4 million), reflecting a growth trajectory of 10.7
percent relative to the corresponding timeframe in the previous
fiscal year.
In the interim, a substantial 67.7 percent of the fiscal
contributions were derived from the non-oil and gas sector, while a
noteworthy 32.3 percent was ascribed to the oil and gas sector.