Azerbaijan sets economic growth forecasts for 2026–2027

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📰 Azerbaijan

Azerbaijan sets economic growth forecasts for 2026–2027 06.05.2026

Trend News Agency

The Central Bank of Azerbaijan, through its chairman Taleh Kazimov, has released economic growth projections for 2026 and 2027. For 2026, the bank anticipates a modest Gross Domestic Product (GDP) growth of 1.1%, with a stronger emphasis on the non-oil and gas sector, which is expected to grow by 3.2%. Moving into 2027, the overall GDP growth forecast remains at 1.1%, but the non-oil and gas sector is projected to see a more significant expansion of 4.7%. These forecasts are based on anticipated trends within both the energy and diversified non-energy economic segments of Azerbaijan.

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