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Public budget of Azerbaijan (January-May 2016)

Analysis Materials 18 July 2016 15:04 (UTC +04:00)

Azerbaijan’s state revenues reduced by 12.0 percent, while expenses decreased by 35.6 percent in January-April 2016.

As of May 1, the revenues of the Azerbaijani state budget were estimated at 4.714 billion manat or 88.0 percent of the level in the same period of last year. The state budget expenditure reached 3.999 billion manat (64.7 percent).

The State Statistics Committee has estimated the budget deficit (713.8 million manat) as 4.2 percent of GDP.

Execution of public budget in January-April 2016

Items

Jan.-April 2016

Specific weight, %

Compared to Jan.-April 2015, %

Execution,

mln manat

total

In GDP

Income in total

4713,6

100,0

27,9

88,0

Including:

Income taxes from population

405,6

8,6

2,4

122,2

Simplified tax

89,4

1,9

0,5

139,0

Land tax

15,4

0,3

0,1

100,0

Property tax

53,2

1,1

0,3

119,8

VAT

1028,6

21,8

6,1

104,2

Excises

174,7

3,7

1,0

85,7

Tax for natural wealth

33,5

0,7

0,2

91,5

Tax on external economic activities

195,9

4,2

1,2

99,5

Road tax

37,0

0,9

0,2

145,1

Other taxes

1966,9

41,7

11,7

75,7

Expenses in total:

3999,8

100,0

23,7

64,7

Including:

Total state expenses

809,5

20,2

4,8

171,6

Of them:

Membership fees to the international organizations

89,4

2,2

0,5

152,3

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

313,9

7,9

1,9

102,1

Education

453,9

11,4

2,7

114,6

Health

136,4

3,4

0,8

74,9

Social security and social provision

727,0

18,2

4,3

109,0

Culture, art, physical culture, and religious activities

292,9

7,3

1,7

4,0 times

Expenses on economy

488,5

12,2

2,,9

14,9

Of them:

Housing and communal economy

61,3

1,5

0,4

94,7

Agriculture, forestry and fishery

97,6

2,4

0,6

95,3

Industry and construction

246,1

6,2

1,5

8,3

Transport and communication

21,4

0,5

0,1

105,4

Other expenses

777,7

19,4

4,6

96,3

Surplus

713,8

4,2

-

Source: State Statistics Committee

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