non-oil economy

Azerbaijan non-oil exports excluding gold rise 20.8%

Shipments reached $3.6 billion over ten months in a calculation excluding non-monetary gold.

Azerbaijan economy grows 1.7% in January-October

Non-oil and gas activity expanded while the hydrocarbon sector contracted, leaving the economy growing at different speeds.

Azerbaijan is building conditions for innovation. Where are the results?

Azerbaijan ranks 65th for innovation inputs but 109th for outputs in the GII 2026. The gap raises a commercialization question, without measuring lost revenue or proving a single cause.

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?