BAKU, Azerbaijan, December 14. The state budget surplus of Azerbaijan amounted to three billion manat ($1.7 billion) from January through November 2022, Trend reports citing the State Statistical Committee of Azerbaijan.
In the reporting period, the country’s state budget revenues exceeded 28.97 billion manat ($17.02 billion), up by 27.5 percent compared to the same period in 2021.
Meanwhile, state budget expenditures totaled 25.97 billion manat ($15.25 billion), which was 16.4 percent more than in the same period of 2021.
The nominal GDP of Azerbaijan in this period made up 121.4 billion manat ($71.3 billion).
State budget execution from January through November 2022:
|
Article headings |
January through November 2022 |
Ratio of January through November 2022 to January through November 2021 (%) |
Ratio of January through November 2021 to January through November 2020 (%) |
|
Income |
28.97 billion manat ($17.02 billion) |
127.5 |
102.2 |
|
Expenditure |
25.97 billion manat ($15.25 billion) |
116.4 |
100.7 |
|
Surplus |
3.002 billion manat ($1.7 billion) |
- |
- |