Name: Azerbaijan Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Azerbaijan,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2024,2025,2026

Government Spending in Azerbaijan decreased to 4262.30 AZN Million in the third quarter of 2024 from 5407.90 AZN Million in the second quarter of 2024. Government Spending in Azerbaijan averaged 1640.45 AZN Million from 2001 until 2024, reaching an all time high of 5407.90 AZN Million in the second quarter of 2024 and a record low of 146.50 AZN Million in the first quarter of 2001. source: The State Statistical Committee of the Republic of Azerbaijan

Government Spending in Azerbaijan is expected to be 4271.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Spending is projected to trend around 4597.00 AZN Million in 2026 and 4790.00 AZN Million in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	31038.10	28108.20	AZN Million	Nov 2024
Government Budget Value	3018.10	3434.30	AZN Million	Nov 2024
Government Revenues	34056.20	31542.50	AZN Million	Nov 2024
Government Spending	4262.30	5407.90	AZN Million	Sep 2024
Government Spending to GDP	29.60	24.00	percent of GDP	Dec 2023

Azerbaijan Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.