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Azerbaijan records surplus in state budget

Finance Materials 19 May 2022 11:53 (UTC +04:00)
Azerbaijan records surplus in state budget
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 19. Surplus fixed in the state budget of Azerbaijan from the beginning of the year, Trend reports with reference to the bulletin of the country’s State Statistics Committee.

According to the committee, the revenues of the Azerbaijani state budget exceeded 10.6 billion manat ($6.2 billion) from January through April 2022, which is 29.8 percent more than in the same period last year.

Expenditures on the state budget reached 8.1 billion manat ($4.7 billion), which is 8.5 percent higher than from January through April 2021.

The state budget generated a surplus in the amount of 2.5 billion manat ($1.4 billion) at the end of April 2022.

The nominal GDP of Azerbaijan amounted to 39.5 billion manat ($23.2 billion) in the specified period.

Execution of state budget from January through April 2022

Title of article

January-April 2022

Compatibility of indicator January-April 2022 to January-April 2021

Compatibility of indicator January-April 2021 to January-April 2020

Income

10.6 billion manat ($6.2 billion)

129.8 percent

86 percent

Expenditures

8.1 billion manat ($4.7 billion)

108.5 percent

103.6 percent

Profit

2.5 billion manat ($1.4 billion)

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