Azerbaijan
Caucasus
Azerbaijan's economic output grew by 1.5% from January through September. It reached 102.05 billion manat, equivalent to 60.03 billion U.S. dollars. This was reported by the State Statistics Committee…
Caucasus
From January through August, Azerbaijan exported goods worth $21.8 billion. That is 27.8% more than in the same period last year. Imports fell by 24.1% to…
Caucasus
Azerbaijan's non-oil exports rose by 17.6% to $2.81 billion from January through August 2026. This was reported by the Center for Economic Analysis…
Caucasus
From January through August, Azerbaijan invested 12.6 billion manat in property, plant, and equipment. That amounts to approximately 6.5 billion euros, a 10% increase compared to the same period last year.…
Caucasus
The Azerbaijan Statistical Committee reports a 0.4% decline in industrial production for January through August compared to the previous year. Through July, industrial production was still up 0.3%…
Caucasus
At the end of March, the Azerbaijani sovereign wealth fund SOFAZ managed $73.5 billion. This amounts to 93.2% of the economic output that the rating agency Fitch forecasts for 2026. Gold is…
Caucasus
Azerbaijan's Ministry of Finance has lowered its 2026 growth forecast for non-oil-and-gas GDP from 5.0% to 3.1%. At the same time, it has raised its inflation forecast from 4.8% to 5.7%. Both…
Caucasus
In the first half of the year, Azerbaijan exported oil and gas worth 10.8 billion U.S. dollars.
Caucasus
The EU is focusing on connectivity rather than traditional development aid—and opening up new opportunities for infrastructure, logistics, and businesses.
Caucasus
New flight route between Iraq and Azerbaijan: Iraqi Airways is connecting Basra directly with the capital, Baku, for the first time.
Caucasus
The ADB and the World Bank recommend that Azerbaijan implement a CO₂ tax and phase out fossil fuel subsidies.
Caucasus
AzerTelecom and Telecom Armenia have signed an agreement to route international Internet traffic.
Caucasus
The IsDB and Azerbaijan are strengthening their partnership with new financing agreements totaling $6 billion and a strategy through 2031.
Caucasus
With a new agricultural program, Azerbaijan aims to make its agriculture more efficient and export-oriented.
Caucasus
With billions of dollars in investments in natural gas and renewable energy, Azerbaijan is banking on long-term growth in the energy sector.