1% of monopolism and customs barriers

At first glance, Azerbaijan’s consumer is having a decent year. Retail trade turnover reached 38.36bn manats in January–July and increased by 3.8% in real terms. Nominal household income rose by 9.8% to 55.63bn manats, while average inflation was...

Azerbaijani President Ilham Aliyev said the Nakhchivan Autonomous Republic should become a major transit and energy hub connected to the country’s mainland through Armenia, with the freight capacity of its railway network planned to rise tenfold to...

Azerbaijan’s economy has emerged from the contraction recorded at the beginning of 2026. But it is too early to celebrate. Growth remains weak, oil and gas production is declining, and investment activity is becoming increasingly concentrated in the...

Working without formal registration allows businesses to cut costs and people to earn money immediately. But the long-term price is the absence of paid leave, insurance protection, a documented employment record and pension capital. Informal...