BAKU, Azerbaijan, November 16. The state budget surplus of Azerbaijan amounted to 3.8 billion manat ($2.2 billion) from January through October 2022, Trend reports citing the State Statistical Committee of Azerbaijan.
In the reporting period, the country’s state budget revenues exceeded 27.029 billion manat ($15.89 billion), up by 33.6 percent compared to the same period in 2021.
Meanwhile, state budget expenditures totaled 23.206 billion manat ($13.65 billion), which was 15 percent more than in the same period of 2021.
The nominal GDP of Azerbaijan in this period made up 111.028 billion manat ($65.3 billion).
State budget execution from January through October 2022:
Article headings |
January through October 2022 |
Ratio of January through October 2022 to January through October 2021 (%) |
Ratio of January through October 2021 to January through October 2020 (%) |
Income |
27.029 billion manat ($15.89 billion) |
133.6 |
100.1 |
Expenditure |
23.206 billion manat ($13.65 billion) |
115 |
97.4 |
Surplus |
3.8 billion manat ($2.2 billion) |
- |
- |