BAKU, Azerbaijan, July 27. Azerbaijan's state
budget revenues from the non-oil and gas sector totaled 10.981
billion manats ($6.46 billion) in January-June 2026, according to
the Finance Ministry.


The figure was 329.1 million manats ($193.6 million), or 3.1%,
above the forecast and 703.8 million manats ($413.9 million), or
6.8%, higher than in the same period of 2025.


Non-oil and gas revenues accounted for 57.3% of total state
budget revenues in January-June 2026, up 5.4 percentage points
compared with the same period a year earlier.


Tax revenues accounted for the largest share of non-oil and gas
budget receipts, totaling 7.065 billion manats ($4.16 billion), or
64.3%. Customs revenues amounted to 3.144 billion manats ($1.85
billion), or 28.6%.


Revenues from paid services provided by state-funded
organizations totaled 350.7 million manats ($206.3 million), or
3.2%, while other revenues amounted to 394 million manats ($231.8
million), or 3.6%. Income from leasing state property reached 28.2
million manats ($16.6 million), or 0.3%.







Finance Minister Sahil Babayev said during a parliamentary
discussion of the draft law on the execution of Azerbaijan's 2025
state budget that reforms implemented in recent years have
supported sustainable growth of the non-oil sector.


He said that during the reporting period, GDP generated by the
non-oil and gas sector amounted to 92.3 billion manats ($54.3
billion), accounting for 71.5% of total GDP and representing real
growth of 2.7% compared with the previous year.


Babayev added that the share of non-oil revenues in the
consolidated budget increased to 55.2%, while the share of non-oil
taxes reached 25%. He noted that the share of non-oil revenues in
total state budget revenues has increased from 43.3% to 52% over
the past five years, and the government plans to raise the figure
to 57.4% in the 2026 state budget.


"The dynamics of these indicators show that the development of
the non-oil sector and reducing the state's dependence on oil
revenues remain among the government's key priorities. Measures to
increase non-oil revenues and diversify their sources are being
implemented continuously, and the issue remains under constant
monitoring," Babayev said.