Azerbaijan to increase non-oil&gas revenues by over 22%

In 2024, the non-oil and gas revenues of Azerbaijan will amount to 17.009 billion manats ($9.99 billion), 5.3% more year-on-year, Report informs, citing the country’s Finance Ministry.

In 2025, Azerbaijan's non-oil and gas revenues are expected to amount to 17.935 billion manats ($10.53 billion), 5.4% more year-on-year.

In 2026, the country's non-oil and gas revenues will exceed 19.685 billion manats ($11.56 billion), 9.8% more year-on-year.

In 2027, it is predicted that the non-oil and gas revenues of Azerbaijan will reach 20.843 billion ($12.24 billion), 5.9% more year-on-year.

By 2027, Azerbaijan is expected to increase its non-oil and gas revenues by 22.5%.