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Tax revenues from private sector in Azerbaijan’s Nakhchivan elevate for 7M2025

GenevaTimes by GenevaTimes
August 7, 2025
in Europe
Reading Time: 2 mins read
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Tax revenues from private sector in Azerbaijan’s Nakhchivan elevate for 7M2025
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Economy
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7 August 2025 05:17 (UTC +04:00)

Tax revenues from private sector in Azerbaijan’s Nakhchivan elevate for 7M2025

Photo: State Tax Service under the Ministry of Economy of the Republic of Azerbaijan


Nakhchivan collected 140.6 million manat ($82.9 million) in taxes from January to July 2025, up 20.3 percent year-on-year. Private sector payments rose 29.8 percent to 95.3 million manat ($56.2 million). Insurance contributions reached 2.7 million manat ($1.6 million) for unemployment and 18.1 million manat ($10.7 million) for health.

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