Tax revenues from non-oil and gas sector in Azerbaijan rise by 13%

The amount of tax receipts to the state budget through the State Tax Service (STS) under the Ministry of Economy of Azerbaijan amounted to 6,657,339,400 manats (about $3,91 billion) in January-April 2024, Report informs citing the STS.

In addition to the forecast, 954.2 million manats (about $561.3 million) were added to the state budget.

Over the course of four months, tax revenues from the non-oil and gas sector increased by 13% compared to the same period last year and reached 4 522,600,00 manats (about $2.66 billion).

About 67.9% of the paid taxes fell to the non-oil and gas sector, and 32.1% to the oil and gas sector.