Azerbaijan's consolidated budget for 2025 concluded with a surplus of 3.303 billion manats (approximately $1.94 billion), reflecting the country's stable fiscal performance despite global economic shifts. According to official data, total revenues for the period amounted to 47.955 billion manats, while expenditures reached 44.651 billion manats.
Operative Information Center-OMM, citing the Ministry of Finance, reports that while consolidated budget revenues saw a slight increase compared to the previous year, expenditures rose by 4.2 percent. The final surplus of 3.303 billion manats represents a decrease of approximately 35 percent compared to the 2024 fiscal year results.
Key components of the consolidated budget showed varied performance. The State Social Protection Fund under the Ministry of Labor and Social Protection of the Population recorded revenues of 8.088 billion manats and expenditures of 7.518 billion manats. The Unemployment Insurance Fund's revenues stood at 242.3 million manats against expenditures of 213.3 million manats. Meanwhile, the Mandatory Health Insurance Fund reported revenues of 2.006 billion manats and expenditures of 2.418 billion manats. The State Oil Fund of the Republic of Azerbaijan (SOFAZ) played a significant role, with revenues of 17.169 billion manats and expenditures of 14.586 billion manats. In the Nakhchivan Autonomous Republic, budget revenues totaled 451 million manats, with expenditures reaching 445.6 million manats.
The consolidated budget of Azerbaijan serves as the primary financial framework encompassing the state budget, the budget of the Nakhchivan Autonomous Republic, and the revenues and expenditures of extra-budgetary state funds, including SOFAZ. These fiscal results underscore Azerbaijan's ongoing commitment to maintaining macroeconomic stability and funding social programs while managing the volatility of energy-related revenues, which remain a cornerstone of the national economy.
