Next year, price of a barrel of oil in State Budget is set at $65

11:22 - 17.09.2026

September 17, Fineko/abc.az. According to the Ministry of Finance, with the average annual selling price of crude oil assumed at $65 per barrel, State Budget revenues in 2027 will total 39.234 bn manats ($23.08 bn), which is equal to 27.8% of GDP.

It is predicted that 39.5% of State Budget revenues, or 15.48 bn manats ($9.11 bn), will account for the oil & gas sector and 60.5%, or 23.754 bn manats ($13.97 billion) for the non-oil/gas sector.