Azerbaijan sees 4% surge in budget revenues through State Tax Service

In January-April of 2025, Azerbaijan’s state budget revenues through the State Tax Service (STS) under the Ministry of Economy exceeded 6.923 billion manats (over $4.07 billion), Report informs, citing the country’s Finance Ministry.

According to data, this is 266.2 million ($156.5 million) or 4% more compared to the corresponding period in 2024.

Tax revenues were executed 6.1% above the forecast.

For 2025, the STS is required to transfer 15.5 billion manats ($9.117 billion) to the state budget, of which 44.7% has already been achieved in the first four months.