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Public budget of Azerbaijan (for 2010)

Analysis Materials 9 February 2011 11:12 (UTC +04:00)

In 2010, the public budget income comprised 11.402.5 million manat, or 27.4 percent of GDP. This index increased by 10.4 percent or 1076.6 million manat, compared to 2009, the government said.

Public budget expenditures increased by 12 percent and made up 11.766 million manat (28.3 percent of the GDP). The deficit of the budget totaled 363.5 million manat, or 2.5 percent of GDP.

The Taxes Ministry remitted 37.7 percent of all income, or 4294 million manat to the Public budget, which increased by 4.4 percent compared to 2009. The State Customs Committee remitted 1101.7 million manat (with a special weight of 9.7 percent) in taxes and duties to the public budget, which decreased by 1 percent compared to 2009.

Other sources remitted 6135.6 million manat (with a special weight of 53,8 percent) with an increase of 18 percent.

During the report period, a total of 2082.5 million manats was obtained from VAT, or 18.3 percent of all income, 1429.9 million manat (12.5 percent) - profit taxes, 590.2 million manat (5.2 percent) - income taxes, 514.9 million manat (4.5 percent) - excise taxes, 101.8 million manats (0.9 percent) - property taxes, and 130.1 million manats (1.1 percent) -royalties and 291.8 million manat (2.6 percent) -taxes from foreign economic activities.

The public budget expense for social security and provision of people comprised 1123 million manats (with a weight of 9.5percent), 1181.4 million manat (10 percent) was spent on education, 429.4 million (3.7 percent) - health, 668.5 million (5.7 percent) - maintenance of prosecutor bodies, security and law-enforcement and court bodies, 4889.9 million (41.6 percent)- investment allocations, 199.9 million (1.7 percent) - housing and communal services, 372.1 million (3.2 percent) - agriculture, fishing, 55.1 million (0.5 percent) - transport and communications, and 28.7 percent (3372.9 million manat) of Public expenses were spent on the payment of salaries, pension and allowances.

Execution of public budget in 2010

Articles

2010

Specific weight, %

In relevant to 2009, %

Execution,

mln manat

As a result

In GDP

Incomes in total;

11402,5

100,0

27,4

110,4

Including:

Income taxes from population 

590,2

5,2

1,4

101,4

Profit taxes

1429,9

12,5

3,4

107,6

Land taxes

35,3

0,3

0,1

134,7

Property taxes

101,8

0,9

0,2

153,8

VAT

2082,5

18,3

5,0

103,5

Excises

514,9

4,5

1,2

106,1

Tax for natural wealth

130,1

1,1

0,3

106,7

Tax on external economic activities

291,8

2,6

0,7

69,8

Including:

Import duties

217,7

1,9

0,5

106,0

Other taxes

90,4

0,8

0,2

104,1

Other incomes

6135,6

53,8

14,8

118,0

Expenses in total:

11766,0

100,0

28,3

112,0

Including:

State expenses

794,2

6,8

1,9

96,2

Including:

Membership fees to the international organizations

26,7

0,2

0,1

164,8

Maintenance of legal authorities, law-enforcement bodies, security and prosecutor bodies

668,5

5,7

1,6

103,0

Education

1181,4

10,0

2,8

102,9

Health

429,4

3,7

1,0

106,7

Social security and social provision

1123,0

9,5

2,7

106,5

Culture, arts, physical culture, and religious activities

168,5

1,4

0,4

106,4

Expenses on economy

4889,9

41,6

11,8

111,8

Including:

Housing and communal economy

199,9

1,7

0,5

102,8

Agriculture, forestry and fishery

372,1

3,2

0,9

95,3

Industry and construction

4146,9

35,2

10,0

116,2

Transport and communications

55,1

0,5

0,1

73,2

Other expenses

2511,1

21,3

6,1

132,7

Surpluses

363,5

-

0,9

-

Source: State Statistics Committee and Ministry of Finances

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