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Government Finance of Azerbaijan

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

28.4% 22.3% 41.4%
  • Personal income taxes: 5.9%
  • Corporate income taxes: 28.4%
  • Social security contributions: 22.3%
  • Property taxes: 1.2%
  • Goods and services taxes: 41.4%
  • Other taxes: 0.9%
Show table
Personal income taxes
5.9%
Corporate income taxes
28.4%
Social security contributions
22.3%
Property taxes
1.2%
Goods and services taxes
41.4%
Other taxes
0.9%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 20% #169 / 184 2026
Government Gross Debt (Local currency - AZN) 26.7B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - AZN) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) 1.8% #13 / 189 2026
Fiscal Balance (Local currency - AZN) 2.37B - 2026
Primary Fiscal Balance (% of GDP) 2.5% #19 / 182 2026
Primary Fiscal Balance (Local currency - AZN) 3.29B - 2026

Revenue and Spending

Government Revenue (% of GDP) 38.8% #46 / 189 2026
Government Revenue (Local currency - AZN) 51.7B - 2026
Government Spending (% of GDP) 37% #64 / 189 2026
Government Spending (Local currency - AZN) 49.3B - 2026

International Reserves

Total Reserves (USD) 12.7B #73 / 163 2024

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