Mine Threat in Azerbaijan

Household debt in Azerbaijan is climbing steadily, highlighting a shift in the country’s consumption model as credit expansion begins to outpace income growth in an oil-supported economy.

In January–March 2026, retail trade networks in Azerbaijan sold goods to consumers totaling 15 billion 927.3 million manats, including 8 billion 774.9 million manats in food products, beverages and tobacco, and 7 billion 152.4 million manats in non-food goods.

The number of registered taxpayers in Azerbaijan rose by 5.1% year on year to 1,696,283 as of April 1, with individuals continuing to make up the bulk of the tax base, according to the State Tax Service.

Relations between Azerbaijan and Russia have escalated again following a series of court rulings in Russia and ongoing legal proceedings in Baku, amid an unresolved dispute over the 2024 plane crash and reciprocal arrests.