Azerbaijan Budget Revenue Tops Plan by 1.16 Billion Manats

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Azerbaijan’s state budget revenue reached 33.570 billion manats ($19.75 billion) in the first 10 months of 2026, exceeding the plan by 1.164 billion manats, or 3.6%.

Expenditures totaled 28.761 billion manats ($16.92 billion), Vesti Baku reported.

The state budget posted a surplus of 4.808 billion manats ($2.83 billion) from January through October, 21.3% more than in the same period a year earlier.

Tax Revenue Reaches 16.1 Billion Manats

Revenue collected through the State Tax Service totaled 16.065 billion manats ($9.45 billion), exceeding the forecast by 1.274 billion manats, or 8.6%.

Customs revenue reached 5.614 billion manats ($3.30 billion) and was nearly in line with the plan.

A transfer of 10.697 billion manats ($6.29 billion) from the State Oil Fund was carried out in full.

Revenue from paid services provided by budget-funded organizations totaled 606.1 million manats ($356.5 million), equal to 72.4% of the plan.

Revenue collected through the State Service on Property Issues reached 47.7 million manats ($28.1 million), exceeding the forecast by 33%.

Spending Rises 3.8%

State budget expenditures increased by 1.041 billion manats compared with the same period last year, a rise of 3.8%.

Consolidated budget revenue totaled 41.952 billion manats ($24.68 billion), while consolidated expenditures reached 34.082 billion manats ($20.05 billion).

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