Economics - 2024
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President Ilham Aliyev of Azerbaijan issued a decree on Monday establishing a new state agency to oversee antimonopoly and consumer market control, signaling further efforts to strengthen regulatory o...
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Azerbaijan's foreign debt has decreased, while its domestic debt has increased. As of July 1, 2024, the foreign debt stood at 5.3613 billion USD. This marks a decrease of 1.0999 billion USD, or 17%...
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In a notable shift in Azerbaijan’s fiscal space, the country’s domestic public debt has soared, rising 3.3 times in the first half of 2024 compared to the same period last year. By mid-year, the debt...
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The Federation of Chambers of Commerce of the Gulf Cooperation Council (GCC) will organize the second Economic Forum "Gulf-Azerbaijan" in Baku on September 25-26, aiming to strengthen trade relations...
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For the first time since the onset of Russia's full-scale war against Ukraine, Russian President Vladimir Putin has made an official state visit to Baku, underscoring a renewed focus on strengthening...
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Azerbaijan's GDP per capita sharply increased by 14.2% in the first half of 2024, reaching $4,068, according to the country's latest economic data. This surge occurred against the backdrop of steady n...
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The 2nd meeting of the Azerbaijani-Tajik working group on agriculture was held in Baku, bringing together officials and industry representatives from both countries to explore potential avenues for in...
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In recent decades, Azerbaijan has seen its population steadily increase, with 2024 marking yet another year of modest growth. As of June 1, 2024, the country's population has reached 10,197,146, a ris...







