BAKU, Azerbaijan, August 7. Nearly 140.6 million manat ($82.9 million) in taxes was paid to the state budget through the State Tax Service under the Ministry of Economy of Azerbaijan's Nakhchivan Autonomous Republic from January through July 2025, which is 20.3 percent, or 23.7 million manat ($14 million), more than in the same period of 2024.
The data obtained by Trend from the service shows that private sector
revenues totaled 95.3 million manat, equivalent to $56.2 million.
In juxtaposition with the corresponding timeframe in 2024, fiscal
inflows from this sector experienced an augmentation of 21.9
million manat ($12.9 million), translating to a growth rate of 29.8
percent. A comprehensive analysis of the tax revenue streams
indicates that a substantial 67.8 percent is attributable to the
private sector, while the public sector contributes a notable 32.2
percent to the overall fiscal landscape.
Moreover, the fiscal allocations for unemployment insurance in
Nakhchivan experienced a notable uptick of 6.7 percent during the
specified reporting interval, juxtaposed against the corresponding
timeframe of the previous annum, surpassing the threshold of 2.7
million manat (equivalent to $1.6 million). Expenditures for
compulsory health coverage escalated by 10.6 percent, culminating
in an aggregate of approximately 18.1 million manat ($10.7 million)
within the specified timeframe.
