Bank Of Baku

Minister: Share of tax revenues from non-oil sector increases by 2.2 percentage points over 7 years

Minister: Share of tax revenues from non-oil sector increases by 2.2 percentage points over 7 years
# 05 March 2026 11:12 (UTC +04:00)

Compared to 2018, the share of tax revenues from the private sector of the non-oil and gas sector in GDP increased by 2.2 percentage points, reaching 9.9% in 2025, said Minister of Economy Mikayil Jabbarov at the forum titled “A Look into the Future of the Tax System: A New Management Model and Data-Driven Decisions,” APA-Economics reports.

“Last year, the share of tax revenues in GDP amounted to 12.7%, while the share of tax revenues from the non-oil and gas sector in non-oil GDP reached 13%, increasing by 3.4 and 2.4 percentage points respectively compared to 2018,” the minister added.

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