Azerbaijan’s Non-Oil and Gas Tax Revenues Surpass Forecast by 297 Million Manats

Baku:In the first ten months of 2026, Azerbaijan's state budget received significant boosts from tax revenues, particularly from the non-oil and gas sectors. Tax revenues collected through the State Tax Service under the Ministry of Economy amounted to 16 billion 65.2 million manats, exceeding expectations by 1 billion 274.2 million manats.

According to Azeri-Press news agency, these tax revenues marked an increase of 1 billion 686.8 million manats, or 11.7%, compared to the same period in 2025. The non-oil and gas sector contributed 11 billion 776.4 million manats to the budget, with an addition of 297.4 million manats above the forecast. Compared to the corresponding period of 2025, this sector saw a growth of 1 billion 364.6 million manats, or 13.1%.

Revenues from mandatory state social insurance contributions totaled 5 billion 672.8 million manats, surpassing the forecast by 297.1 million manats. Contributions from non-budgetary organizations exceeded 3 billion 838.5 million manats. Unemployment insurance contributions also exceeded forecasts, reaching nearly 201.5 million manats, an increase of 8.3 million manats above expectations, with non-budgetary organizations contributing 156.5 million manats.

Compulsory health insurance contributions brought in more than 849.3 million manats, surpassing the forecast by 20.4 million manats. Contributions from non-budgetary organizations amounted to nearly 570.9 million manats.