AZN in the spotlight: latest news

In January 2026, Azerbaijan experienced a significant rise in revenues from unemployment insurance contributions compared to the same period last year.

Revenues from mandatory social, unemployment, and health insurance contributions in Azerbaijan have shown a steady increase in January 2026 compared to the same period last year.

Azerbaijan's State Oil Fund (SOFAZ) made a record contribution to the national budget, reflecting robust fiscal performance and an increase in its assets.

Taleh Kazimov, the Governor of the Central Bank of Azerbaijan, stated that there will be no expected changes in the exchange rate of the Azerbaijani manat against foreign currencies in the near future. He also noted that some experts tend to create unnecessary hype surrounding these exchange rates.

The chairman of the Central Bank of Azerbaijan announced that the country's gross domestic product (GDP) is expected to grow by 2% in 2026 and to continue this trend into 2027.

The Central Bank of Azerbaijan has revised its inflation forecasts, predicting an annual inflation rate of 5.5% for 2026 and 4% for 2027.

Azerbaijan's current account surplus is projected to hit $3.7 billion by the end of 2026, according to Taleh Kazimov, the Chairman of the Central Bank, during a recent press conference.

Azerbaijan is predicted to face strong winds tomorrow, February 2, along with the possibility of snow in certain regions, according to the National Hydrometeorology Service.

Azerbaijan's economy is projected to see moderate GDP growth in the coming years, driven by a diversification trend as non-oil sectors show strong performance.

Azerbaijan's marketable oil production is projected to decrease slightly in 2026, continuing a trend of gradual output reduction. However, the country's gas expansion initiatives are anticipated to enhance its economic outlook for that year.

In 2025, Azerbaijan's state budget revenues from customs amounted to 6 billion 369.9 million manats, approximately $3.75 billion, as reported by the Finance Ministry. This represents a 4.2% decrease compared to the previous year.

In 2025, credit unions in Azerbaijan recorded a loss of 0.3 million manat, according to a report from the Central Bank of Azerbaijan, as reported by APA-Economics.

In 2025, Azerbaijan's State Customs Committee reported budget revenues of 6,369.9 million manat, falling short of the forecast, according to APA-Economics and the Ministry of Finance.

The Baku Stock Exchange (BSE) is anticipating an increase in green bond issuances in the future, according to Ruslan Khalilov.

Artificial intelligence (AI) is set to influence every aspect of life, according to Stephen Bye, President and CEO of Ookla, during his remarks at a hospitality conference in Baku, Azerbaijan.

In 2025, Azerbaijan's state budget experienced a substantial rise in revenues from privatization and real estate leasing, surpassing expectations and indicating a positive economic trend.

S&P Global Ratings projects that loan growth in Azerbaijan will reach approximately 12% in 2026, consistent with the forecast for 2025, according to Trend reports.