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Summary: ING Group forecasts moderate GDP growth for Azerbaijan until 2028, highlighting successful diversification in non-oil sectors.
Feb 1Trend News Agency

ING Group predicts Azerbaijan's GDP growth trends through 2028

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.
Jan 30Trend News Agency

Azerbaijan's oil production declines while gas expansion boosts 2026 outlook

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.
Jan 30AzerNews

Customs revenues in Azerbaijan fell by 4.2% in 2025, says Ministry

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.
Jan 29Apa.az

Azerbaijan's credit unions experience a decrease in assets

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.
Jan 29Apa.az

Azerbaijan’s Customs Committee misses 2025 budget revenue targets

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.
Jan 28Trend News Agency

Baku Stock Exchange predicts increase in green bond issuances

The Baku Stock Exchange (BSE) is anticipating an increase in green bond issuances in the future, according to Ruslan Khalilov.
Jan 28Trend News Agency

Ookla predicts AI will influence all aspects of life

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.
Jan 28Trend News Agency

Azerbaijan's state budget revenues surge due to privatization successes

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.
Jan 24Trend News Agency

S&P projects 12% loan growth for Azerbaijan in 2026

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.