Fiscal Balance in Azerbaijan
The fiscal balance averaged 1.5% of GDP in the decade to 2022, above the Eastern Europe average of -1.8% of GDP. The fiscal balance in Azerbaijan in 2022 was 6.0% of GDP. For more fiscal balance information, visit our dedicated page.
Azerbaijan Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Azerbaijan from 2018 to 2024.
Source: Macrobond.
Azerbaijan Fiscal Balance Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -6.4 | 4.2 | 6.0 | 7.9 | 3.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Azerbaijani fiscal balance projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Azerbaijani fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Azerbaijani fiscal balance projections.
Want to get access to the full dataset of Azerbaijani fiscal balance forecasts? Send an email to info@focus-economics.com.