GDP

Azerbaijan projects government debt at 20.4% of GDP by end-2030
The Finance Ministry expects debt at 19.5% of GDP by end-2026. Domestic obligations account for about 68% of the current debt portfolio.

Azerbaijan’s central bank sees 2.3% growth in 2027; ministry expects 2.7%
Both institutions expect growth to accelerate next year, but their estimates for total GDP differ by 0.4 percentage points.

Azerbaijan's ICT Sector Boosts Output by 11.1% in Nine Months
In January-September, Azerbaijan's information and communication technology sector produced goods and services worth 2 billion 57.4 million manats, up 11.1% year-on-year.

IMF Improves Azerbaijan GDP Growth Forecast for 2026
The IMF expects Azerbaijan's economy to grow by 1.7% in 2026 and 2.3% in 2027, according to the new World Economic Outlook report.

Central Asia is growing faster. Why might households feel differently?
For 2027–2028, the Bank expects Central Asia’s economy to grow by an average 5.3%, but output per person by 3.6%. Neither measure is a wage forecast, and the distinction matters for businesses assessing demand.

Expensive oil does not guarantee growth: Kazakhstan’s lesson for Azerbaijan
Kazakhstan’s physical oil output has fallen despite supportive prices, while economic growth is slowing. For Azerbaijan, the distinction between export revenue, real production and fiscal resilience matters.

Why Azerbaijan’s economy is growing more slowly than its neighbours
The World Bank estimates Azerbaijan’s 2026 GDP growth at 1.2%. New nine-month data show 1.5%, but leave a larger question unresolved: what can replace a weakening oil-sector growth engine?

Investment in Azerbaijan's Economy Up 10.9%
In January-September 2026, investment in Azerbaijan's economy reached 14.689 billion manats, up 10.9% year-on-year.

World Bank forecasts Azerbaijan's GDP growth to accelerate to 1.8% in 2027
The World Bank expects Azerbaijan's economic growth to slow to 1.2% in 2026, then accelerate to 1.8% in 2027 and 1.9% in 2028.

Combined GDP of Turkic States Organization Reaches $2.4 Trillion
OTG Secretary General Kubanychbek Omuraliev told the CAMCA 2026 forum in Baku that the organization's combined GDP stands at $2.4 trillion, highlighting the development of the Middle Corridor.

ADB cuts Azerbaijan's 2026 GDP growth forecast to 1.6%
The Asian Development Bank lowered its forecast for Azerbaijan's economic growth in 2026 from 2% to 1.6%, keeping its 2027 estimate at 1.8%.

Azerbaijan's economy grows by 1.2% — industries move in different directions
Rapid growth in communications and transport coexists with a decline in construction. Overall GDP hides different conditions for business, and industry percentages cannot be added together.

Azerbaijan's GDP grows by 1.2% in 8 months
In January-August 2024, Azerbaijan's GDP reached 87.7 billion manats, up 1.2% year-on-year. The non-oil and gas sector grew by 2.1%.

Kyrgyzstan's GDP Grows 11.1% in First Seven Months of 2026
According to the National Statistical Committee, Kyrgyzstan's GDP in January-July 2026 amounted to 1,172.7 billion soms, up 11.1% compared to the same period in 2025.

Eurozone GDP grows 0.4% in Q2, fastest in five quarters
The eurozone economy expanded by 0.4% in the second quarter of 2024 compared with the previous quarter, the fastest pace in five quarters, according to revised data from Eurostat.

Azerbaijan's Beverage and Tobacco Sales Up 1.3% in Seven Months
In January-July 2026, retail sales of beverages and tobacco products in Azerbaijan amounted to 1.672 billion manats, up 1.3% year-on-year.

Russian Export Restrictions to Affect 1-1.5% of Armenia's GDP
Russian export restrictions on Armenia will impact sectors accounting for 1-1.5% of the country's GDP, according to a Central Bank official.

Kazakhstan's GDP grows 4.1% in seven months of 2026
Kazakhstan's GDP grew 4.1% in January-July 2026, supported by the non-oil sector, which expanded by 5.4%.

Azerbaijan: Agricultural Production Up 2.8% in Seven Months
In January-July 2026, Azerbaijan produced agricultural goods worth 8.8 billion manats, up 2.8% year-on-year.

Turkmenistan's GDP grows 6.3% in first seven months of 2026
Turkmenistan's GDP growth reached 6.3% in January-July 2026, driven by strong performance in transport, trade, and services.

Bloomberg: Germany's GDP to Grow 1.1% in 2027
Analysts forecast Germany's GDP to grow 1.1% in 2027 and 1.2% in 2028, driven by infrastructure and defense spending.

Central Bank Chairman on Azerbaijan's Economic Growth
In 2026, Azerbaijan's economic growth is expected at 0.5%, including 2.4% in the non-oil sector.

Kazakhstan Aims to Reduce Shadow Economy to 13.8% of GDP by 2028
The Kazakh government approved a plan to cut the shadow economy from 16.7% in 2025 to 13.8% by 2028 through digitalization and AI.

IMF Upgrades China GDP Growth Forecast
The International Monetary Fund (IMF) has raised its economic growth forecasts for China for 2026 and 2027, despite expectations of a further slowdown.