Actual revenue in the revenue part of Azerbaijan's state budget amounted to 1,768.1 billion manat in January 2013 (39.5 percent of GDP) increasing by 14.2 percent compared to the same period of previous year.
State budget expenditures amounted to 1,391.7 billion manat increasing by threefold (31.1 percent of GDP). The budget surplus in January amounted to 376.4 million manat, which made up 8.4 percent of GDP.
Some 745.6 million manat (42.2 percent) in the structure of revenues is provided by the Ministry of Taxes. Revenues from customs duties and taxes amounted to 89.5 million manat (5.1 percent), from other sources - 933 million manat (52.7 percent).
During the reporting period, 205.7 million manat were received from VAT collection, which represents 11.6 percent of total income; profit tax revenues amounted to 405 million manat (22.9 percent), income tax - 61.8 million manat (3.5 percent), excise tax - 46.6 million manat (2.6 percent), property tax - 9.6 million manat (0.5 percent), land tax - 2.6 million manat (0.6 percent), tax on mineral resources - 10.2 million manat (0.6 percent), and the tax on foreign economic activity - 50.8 million manat (2.9 percent).
Some 191.4 million manat of the budget (with a share of 13.8 percent) was directed to social security and protection of the population; education - 19.4 million manat (1.4 percent), health care - 6.1 million manat (0.4 percent), maintenance of the prosecution, security, law enforcement, judicial authorities - 32.6 million manat (2.3 percent), investments in the economy - 777.4 million manat (55.9 percent).
Some 211.6 million manat (15.2 percent) of public expenditures was spent on payment of salaries, pensions and benefits.
Execution of public budget in January 2013
|
Items |
January 2013 |
Specific weight, % |
Compared to January 2012, % |
|
|
Execution, mln manat |
total |
In GDP |
||
|
Income in total; |
1768,1 |
100,0 |
39,5 |
114,2 |
|
Including: |
||||
|
Income taxes from population |
61,8 |
3,5 |
1,4 |
106,7 |
|
Profit taxes |
405,0 |
22,9 |
9,1 |
107,7 |
|
Land taxes |
2,6 |
0,2 |
0,1 |
86,7 |
|
Property taxes |
9,6 |
0,5 |
0,2 |
97,0 |
|
VAT |
205,7 |
11,6 |
4,6 |
79,4 |
|
Excises |
46,6 |
2,6 |
1,0 |
121,7 |
|
Tax for natural wealth |
10,2 |
0,6 |
0,2 |
103,0 |
|
Tax on external economic activities |
50,8 |
2,9 |
1,1 |
149,9 |
|
Including: |
||||
|
Import duties |
17,9 |
1,0 |
0,4 |
186,5 |
|
Other taxes |
14,8 |
0,8 |
0,3 |
106,5 |
|
Other incomes |
961,0 |
54,4 |
21,5 |
128,9 |
|
Expenses in total: |
1391,7 |
100,0 |
31,1 |
3,0 раз |
|
Including: |
||||
|
State expenses |
35,4 |
2,5 |
0,8 |
98,6 |
|
Including: |
||||
|
Membership fees to the international organizations |
4,5 |
0,3 |
0,1 |
145,2 |
|
Maintenance of legal authorities, law-enforcement bodies, security and prosecutor bodies |
32,6 |
2,3 |
0,7 |
90,1 |
|
Education |
19,4 |
1,4 |
0,4 |
82,2 |
|
Health |
6,1 |
0,4 |
0,1 |
117,3 |
|
Social security and social provision |
191,4 |
13,8 |
4,3 |
103,6 |
|
Culture, arts, physical culture, and religious activities |
2,5 |
0,2 |
0,1 |
131,6 |
|
Expenses on economy |
777,4 |
55,9 |
17,4 |
81,0 раз |
|
Including: |
||||
|
Housing and communal economy |
4,2 |
0,3 |
0,1 |
350,0 |
|
Agriculture, forestry and fishery |
22,3 |
1,6 |
0,5 |
359,7 |
|
Industry and construction |
748,0 |
53,7 |
16,7 |
0,0 |
|
Transport and communications |
2,9 |
0,2 |
0,1 |
131,8 |
|
Other expenses |
326,9 |
23,5 |
7,3 |
199,8 |
|
Surpluses |
376,4 |
- |
8,4 |
- |
Source: State Statistics Committee and Ministry of Finances