State Budget Performance for 9 Months Announced

ECONOMY29.10.2026
State Budget Performance for 9 Months Announced

State budget revenues for the first nine months of 2026 were executed at 29 billion 311.8 million manats, exceeding the forecast of 28 billion 524.4 million manats by 787.4 million manats (2.8 percent).

elchi reports this, citing the Ministry of Finance.

Excluding transfers from the State Oil Fund of the Republic of Azerbaijan to the state budget, state budget revenues amounted to 19683.8 million manats, which is 1 billion 402.1 million manats or 7.7 percent more than in the same period last year.

Of the state budget revenues, 13 billion 630.4 million manats or 46.5 percent came from tax authorities, 9628 million manats or 32.8 percent from transfers from the State Oil Fund of the Republic of Azerbaijan to the state budget, 4 billion 973.3 million manats or 17 percent from customs authorities, 543.2 million manats or 1.9 percent from paid services of organizations financed by the state budget, 43.2 million manats or 0.1 percent from rental of state property, and 493.7 million manats or 1.7 percent from other revenues.

For January-September 2026, state budget revenues were higher than the approved forecast by 913.4 million manats or 7.2 percent from tax authorities, 8.9 million manats or 25.9 percent from rental of state property, 84.3 million manats or 20.6 percent from other revenues; lower by 10.7 million manats or 0.2 percent from customs authorities, and 208.5 million manats or 27.7 percent from paid services of organizations financed by the state budget; and transfers from the State Oil Fund of the Republic of Azerbaijan to the state budget were executed at the projected level.

During the nine months of the current year, compared to the corresponding period of 2025, revenues from tax authorities increased by 1 billion 174.6 million manats or 9.4 percent, revenues from customs authorities by 225.3 million manats or 4.7 percent, revenues from rental of state property by 8.7 million manats or 25.2 percent, and revenues from paid services of organizations financed by the state budget by 63.2 million manats or 13.2 percent.

For January-September 2026, state budget total revenues amounted to 16 billion 381.3 million manats, constituting 55.9 percent of total revenues (4.5 percentage points more than in the corresponding period of 2025). This is 161.9 million manats or 1.0 percent higher than the forecast and 1 billion 388.4 million manats or 9.3 percent higher than in the corresponding period of 2025.

In January-September of the current year, revenues from tax authorities accounted for 63.0 percent or 10327.9 million manats of state budget revenues from the non-oil and gas sector, revenues from customs authorities accounted for 30.4 percent or 4973.3 million manats, paid services of organizations financed by the state budget accounted for 3.3 percent or 543.2 million manats, other revenues accounted for 3.0 percent or 493.7 million manats, and rental of state property accounted for 0.3 percent or 43.2 million manats.

State budget revenues from the oil and gas sector amounted to 12 billion 930.5 million manats, which is 625.5 million manats or 5.1 percent more than the forecast.