According to the Azerbaijani State Statistics Committee, the Azerbaijani state budget revenues amounted to 1.350 billion manat in January 2016. The state budget expenditures hit 516.4 million manat. The surplus of the budget totaled 833.2 million manat or 20.8 percent of GDP.
Some 26.8 percent of the state budget revenues account for value added tax, 10.7 percent - income tax of legal entities, 12.8 percent - income tax of physical entities, 2.9 percent - excise tax, 7.4 percent - other taxes, 39.4 percent of revenues achieved through the non-tax revenues.
Some 2.7 percent was directed to finance the development and regulation of the economy, 39.5 percent - social protection and security, 5.3 percent - education, 1.5 percent - health sector, 51 percent of the budgetary funds - other areas.
Execution of public budget in January-February 2015
Items |
Jan. 2016 |
Specific weight, % |
Compared to Jan. 2015, % |
|
Execution, mln manat |
total |
In GDP |
||
1349,6 |
100,0 |
33,6 |
80,1 |
|
Income in total |
||||
Including: |
172,7 |
6,4 |
4,3 |
228,4 |
Income taxes from population |
39,5 |
2,9 |
1,0 |
199,5 |
Profit taxes |
4,6 |
0,3 |
0,1 |
124,3 |
Land taxes |
16,4 |
1,2 |
0,4 |
128,1 |
Property taxes |
361,3 |
26,8 |
9,0 |
153,7 |
VAT |
38,9 |
2,9 |
1,0 |
66,0 |
Excises |
8,7 |
0,6 |
0,2 |
84,5 |
Tax for natural wealth |
25,4 |
1,9 |
0,6 |
51,8 |
Tax on external economic activities |
6,4 |
0,5 |
0,2 |
68,8 |
Including: |
531,0 |
39,4 |
13,2 |
58,0 |
Import duties |
516,4 |
100,0 |
12,9 |
40,9 |
Other taxes |
||||
Other income |
109,0 |
21,1 |
2,7 |
153,3 |
Expenses in total: |
||||
State expenses |
19,9 |
3,9 |
0,5 |
368,5 |
Including: |
42,2 |
8,2 |
1,1 |
138,4 |
Membership fees to the international organizations |
27,4 |
5,3 |
0,7 |
86,2 |
Maintenance of legal authorities, law-enforcement bodies, security and prosecution bodies |
8,0 |
1,5 |
0,2 |
121,2 |
Education |
203,9 |
39,5 |
5,1 |
100,6 |
Health |
28,8 |
5,6 |
0,7 |
496,6 |
Social security and social provision |
14,1 |
2,7 |
0,3 |
1,7 |
Culture, art, physical culture, and religious activities |
||||
Expenses on economy |
1,8 |
0,3 |
0,0 |
52,9 |
Expenses in total: |
9,6 |
1,9 |
0,2 |
0,0 |
Including: |
0,0 |
0,0 |
0,0 |
0,0 |
Housing and communal economy |
2,7 |
0,5 |
0,1 |
168,8 |
Agriculture, forestry and fishery |
83,0 |
16,1 |
2,1 |
81,5 |
Industry and construction |
833,2 |
Source: State Statistics Committee