BAKU, Azerbaijan, August 4. Over 10.56 billion manat ($6.13 billion) in taxes was collected into Azerbaijan’s state budget through the State Tax Service under the Ministry of Economy from January through July 2025, fulfilling 106 percent of the forecast.
The data obtained by Trend from the service shows that the tax revenues grew by 285.6 million manat ($166 million) or 2.8 percent compared to the same period in 2024.
Revenues from the non-oil and gas sector exceeded 7.59 billion manat ($4.4 billion), meeting 103.4 percent of the forecast. Compared to the previous year, tax income from this sector grew by 643.9 million manat ($374 million), or 9.3 percent. Of total taxes paid, 71.9 percent came from the non-oil and gas sector, and 28.1 percent from the oil and gas sector.
In addition, under the ongoing formalization of wages and employment, mandatory state social insurance contributions totaled more than 3.7 billion manat ($2.15 billion) from January through July 2025 - an increase of 12.4 percent or 409.4 million manat ($237 million) year-on-year. Contributions from non-budgetary organizations rose by 13.6 percent to exceed 2.4 billion manat ($1.4 billion).
Unemployment insurance contributions rose by 10.7 percent year-on-year to over 130.8 million manat ($76 million), with payments from non-budgetary organizations up 12.2 percent, reaching more than 98.9 million manat ($57.5 million).
Mandatory health insurance contributions also increased by 10.8 percent compared to the same period last year, totaling over 641 million manat ($372 million), including 449 million manat ($261 million) from non-budgetary organizations - a 10.5 percent rise.
