Azerbaijan utilized 98% of 2024 healthcare budget

Azerbaijan spent 98% of its allocated healthcare budget in 2024, according to the draft law on the execution of the state budget.

Anews informs that of the 1.87 billion manats ($1.1 billion) allocated to healthcare, 1.83 billion manats were utilized based on funding requests from state institutions.

While actual spending fell 2% short of projections—37.6 million manats less—it marked a 6.2% increase year-on-year, or 106.7 million manats more than in 2023. Healthcare expenditures accounted for 1.4% of GDP and 4.8% of total budget outlays, up 0.1 percentage point from the prior year.

Roughly 74.8% of healthcare spending—1.37 billion manats—was managed by the State Agency for Mandatory Health Insurance, an 8.2% increase from 2023. Of that, 1.23 billion manats funded mandatory health insurance, while 139.6 million manats supported government healthcare programs.

Over a five-year period, healthcare spending has risen 8.4%, or 141.2 million manats, compared with 2020 levels.