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Azerbaijan foresees increased state budget revenues in 2025

Economy Materials 15 April 2025 18:50 (UTC +04:00)
Azerbaijan foresees increased state budget revenues in 2025
Evez Hasanov
Evez Hasanov
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BAKU, Azerbaijan, April 15.​ Azerbaijan’s state budget revenues are expected to approach 45 billion manat ($26.4 billion) next year, Trend reports via the Ministry of Finance.

The ministry reported that consolidated budget revenues for the year 2026 are projected to reach 44.8 billion manat ($26.3 billion), which is 935.6 million manat ($550.3 billion) or 2.1 percent more than the approved figure for 2025. By the end of the medium-term period, this figure is forecasted to rise to about 51 billion manat ($30 billion), reflecting an increase of over 7 billion manat ($4.1 billion) or 16.1 percent.

“State budget revenues have been calculated individually for each payment type based on the actual execution indicators of previous years, the most recent macroeconomic forecasts for 2026 and the following three years (including GDP and non-oil/gas GDP growth rates, exchange rate, oil and gas production volumes, oil price, and others), and in line with the 'Rules for forecasting state budget revenues, including non-oil and oil revenues of the state budget' approved by the Cabinet of Ministers of the Republic of Azerbaijan on January 10, 2020," the information notes.

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