Azerbaijan sees nearly 23% surge in Nakhchivan’s tax revenues

In January-April 2025, 77.3 million manats ($45.47 million) in taxes were received by the budget through the State Tax Service (STS) under the Economy Ministry of Azerbaijan's Nakhchivan Autonomous Republic, Report informs, citing the STS.

According to data, this is 22.8% more compared to the same period last year.

During the first four months of 2025, 67.7% of the paid taxes came from the private sector, while 32.3% came from the public sector.

Revenues from the private sector stood at 52.3 million manats ($30.7 million), representing an increase of 11.8 million manats ($6.9 million) or 29.1% compared to the first 4 months of 2024.