Azerbaijan expects tax revenues of 18.43 billion manats in 2027

Azerbaijan's State Tax Service under the Ministry of Economy is expected to transfer 18.43 billion manats ($10.84 billion) to the state budget in 2027.

According to Report, citing the Ministry of Finance, this is 9% more than the approved forecast for 2026.

Of the projected revenues collected through the State Tax Service, 80.6%, or 14.85 billion manats ($8.74 billion), is expected to come from the non-oil and gas sector, while 19.4%, or 3.58 billion manats ($2.11 billion), will come from the oil and gas sector.

Azerbaijan's state budget revenues are expected to amount to 39.234 billion manats ($23.08 billion) next year, while expenditures are projected at 42.4 billion manats ($24.94 billion).