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GDP

Azerbaijan projects government debt at 20.4% of GDP by end-2030
Economy

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.

Zeyni JafarovNovember 11, 2026
Azerbaijan’s central bank sees 2.3% growth in 2027; ministry expects 2.7%
Economy

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.

FinFly NewsroomNovember 4, 2026
Azerbaijan's ICT Sector Boosts Output by 11.1% in Nine Months
IT

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.

Zeyni JafarovOctober 17, 2026
IMF Improves Azerbaijan GDP Growth Forecast for 2026
Economy

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.

Zeyni JafarovOctober 13, 2026
Central Asia is growing faster. Why might households feel differently?
Economy

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.

Sadraddin AghjayevOctober 9, 2026
Expensive oil does not guarantee growth: Kazakhstan’s lesson for Azerbaijan
Economy

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.

Sadraddin AghjayevOctober 9, 2026
Why Azerbaijan’s economy is growing more slowly than its neighbours
Economy

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?

Sadraddin AghjayevOctober 9, 2026
Investment in Azerbaijan's Economy Up 10.9%
Economy

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.

Zeyni JafarovOctober 9, 2026
World Bank forecasts Azerbaijan's GDP growth to accelerate to 1.8% in 2027
Economy

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.

Zeyni JafarovOctober 7, 2026
Combined GDP of Turkic States Organization Reaches $2.4 Trillion
Economy

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.

Zeyni JafarovOctober 1, 2026
ADB cuts Azerbaijan's 2026 GDP growth forecast to 1.6%
Economy

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%.

Zeyni JafarovSeptember 23, 2026
Azerbaijan's economy grows by 1.2% — industries move in different directions
Economy

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.

Sadraddin AghjayevSeptember 22, 2026
Azerbaijan's GDP grows by 1.2% in 8 months
Economy

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%.

Zeyni JafarovSeptember 9, 2026
Kyrgyzstan's GDP Grows 11.1% in First Seven Months of 2026
Economy

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.

Zeyni JafarovAugust 15, 2026
Eurozone GDP grows 0.4% in Q2, fastest in five quarters
Economy

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.

Zeyni JafarovAugust 14, 2026
Azerbaijan's Beverage and Tobacco Sales Up 1.3% in Seven Months
Economy

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.

Zeyni JafarovAugust 13, 2026
Russian Export Restrictions to Affect 1-1.5% of Armenia's GDP
Economy

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.

Zeyni JafarovAugust 11, 2026
Kazakhstan's GDP grows 4.1% in seven months of 2026
Economy

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%.

Zeyni JafarovAugust 11, 2026
Azerbaijan: Agricultural Production Up 2.8% in Seven Months
Economy

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.

Zeyni JafarovAugust 10, 2026
Turkmenistan's GDP grows 6.3% in first seven months of 2026
Economy

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.

Zeyni JafarovAugust 9, 2026
Bloomberg: Germany's GDP to Grow 1.1% in 2027
Economy

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.

Zeyni JafarovAugust 2, 2026
Central Bank Chairman on Azerbaijan's Economic Growth
Economy

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.

Zeyni JafarovJuly 31, 2026
Kazakhstan Aims to Reduce Shadow Economy to 13.8% of GDP by 2028
Economy

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.

Zeyni JafarovJuly 21, 2026
IMF Upgrades China GDP Growth Forecast
Economy

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.

Zeyni JafarovJuly 11, 2026