BAKU, Azerbaijan, April 18. Azerbaijan's state budget revenues from the non-oil and gas sector reached 4.9 billion manat ($2.8 billion) from January through March 2025, accounting for 50.9 percent of total state budget revenues.
Data obtained by Trend from the Ministry of Finance indicates that this represents an increase of 164.6 million manat ($96.8 billion) or 3.4 percent compared to the forecast, and 285.8 million manat ($168.1 billion) or 6.1 percent higher than the same period in 2024.
Of the non-oil and gas sector revenues for the first quarter of 2025, 65.1 percent or 3.2 billion manat ($1.8 billion) came from tax authorities, 28.9 percent or 1.43 billion manat ($841.1 million) from customs authorities, 2.8 percent or 136.7 million manat ($80.4 million) from paid services provided by state-funded organizations, 3 percent or 154.9 million manat ($91.1 million) from other revenues, and 0.2 percent or 10.4 million manat ($6.1 million) from state property leasing.
Azerbaijan's state budget revenues for the first quarter of this year surpassed projections, reaching 9.73 billion manat ($5.72 billion), which is 171.3 million manat ($100.7 million) (1.8 percent) more than forecasted. Compared to the same period in 2024, the revenues increased by 5.4 percent, or 499.2 million manat ($293.6 million).
Data indicates that these figures account for 25.4 percent of the projected annual revenue for the current year.
Meanwhile, state budget expenditures amounted to 8.11 billion manat ($4.7 billion), which corresponds to 19.6 percent of the planned annual budget.
