Macroeconomy - 2024
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On June 7, the international rating agency S&P Global has reaffirmed Azerbaijan's sovereign credit ratings at BB+/B, maintaining a stable outlook.
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The 29th International Caspian Oil & Gas[1] and the 12th Caspian International Energy and Green Energy exhibitions are being held within the framework of the "Baku Energy Week" from June 3 to 5, and t...
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One of the target indicators to be implemented by 2025 in the Strategic Roadmap[1], which defines the development prospects of the national economy from 2017, is to reduce the dependence of the state...
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The dynamics of foreign direct investments (FDI) in the non-oil sector among the target indicators defined in the Strategic Roadmap[1] for the Perspective of the National Economy (Strategic Roadmap) a...
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Although it is the third decade that Azerbaijan has been able to maintain balance in sectors that cannot meet its needs, as well as rationality in the state budget due to oil and gas revenues obtained...
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Reducing economic growth in Azerbaijan in 2023 from 4.6 percent in the previous year to 1.1 percent and forecasts that the decline will continue in the current and future years make avoiding the middl...
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Acording to the World Bank, countries are divided into 4 groups regarding the income level[1]. Countries with per capita incomes of less than $ 1,135 for fiscal year 2023/2024 belong to low-income gro...
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Azerbaijan's state budget surplus for January-April 2024 reached approximately 6.5% of GDP, with revenues hitting 13.26 billion manats, a 9% increase compared to the same period in 2023. Expenditures,...
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According to official data, annual inflation in Azerbaijan has dropped below 1%. The consumer price index for January-April of this year amounted to 100.7% compared to the same period in 2023, includi...
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Amidst a backdrop of geopolitical tensions, monetary policy shifts, and global economic uncertainty, the International Monetary Fund (IMF) has revised its global growth forecast, underscoring both cha...
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The economic growth rate in Azerbaijan in the first quarter of 2024 amounted to 4%, and GDP reached 29 billion manats, with non-oil GDP accounting for 18.7 billion manats with a growth rate of 6.7%.
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Investors are betting that the Azerbaijani economy will cope with the conflict in Nagorno-Karabakh better than the Armenian economy. This is how analysts of large investment houses write about it. In...
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In 2023, Azerbaijan experienced a significant shift in its economic landscape, particularly in its balance of payments, highlighting the country's vulnerability to global oil and gas market fluctuatio...
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In the economic landscape of Azerbaijan during January and February 2024, several significant trends emerged, portraying both progress and challenges.
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The recent shift in Azerbaijan's policy towards renewable energy sources (RES) marks a significant distancing from its traditional dependence on thermal power plants (TPPs) powered by gas.
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A recent analysis conducted by experts from the Information and Communication Technologies Agency (ICTA) sheds light on the intricate dynamics shaping the nation's digital connectivity landscape.















