Share of non-oil sector in Azerbaijan's budget revenues reaches 49%

In 2021, 13,536.3 million manats or 51.3% of Azerbaijan's state budget revenues were formed by the oil sector, 12,859.2 million manats or 48.7% - by the non-oil sector, the Ministry of Finance told Report.

In 2020, 14,002.1 million manats (56.7%) of budget revenues came from the oil sector, 10,679.6 million manats (43.3%) - from the non-oil sector.

Last year, budget revenues from the oil sector decreased by 3.3% compared to the previous year, while budget revenues from the non-oil sector increased by 20.4%. Total budget revenues grew by 6.9% to 26,395.5 million manats.