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Economic

Azerbaijan's economic growth slightly in 2026

Azerbaijan's economy grew by 0.3% in the first two months of 2026, with GDP reaching 18.473 billion manats, according to the State Statistics Committee.

Azerbaijan's economy recorded a modest 0.3% year-on-year growth in the first two months of 2026, with GDP rising to 18.473 billion manats, or around 10.9 billion U.S. dollars, as reported by the State Statistics Committee. The growth reflects a cautious recovery after a slowdown in 2025, driven mainly by continued activity in non-oil sectors and gradual stabilization of global oil prices. Despite persistent challenges in the hydrocarbon sector, mounting diversification efforts in transport, services, and tourism are supporting the country's broader economic resilience.
Status
active
Location
Baku, Azerbaijan
Date added
2026-03-31 11:48 UTC
Added by
bodglobalapdrt
Last updated
2026-03-31 11:48 UTC
Source
Report.az
Connected threats
Not provided

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