Azerbaijan Government Budget
Azerbaijan recorded a Government Budget surplus equal to 0.70 percent of the country's Gross Domestic Product in 2013. Government Budget in Azerbaijan averaged 0.53 Percent of GDP from 2005 until 2013, reaching an all time high of 0.90 Percent of GDP in 2010 and a record low of 0.20 Percent of GDP in 2007. Government Budget in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
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Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Azerbaijan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.