Azerbaijan's Economy

Azerbaijan's economy has shown signs of resilience and gradual recovery during the first eight months of 2024, overcoming the challenges associated with its significant dependence on oil and gas expor...

According to the latest data from the State Statistics Committee, Azerbaijan's economic and social development indicators for January-May 2024 present a nuanced picture of the country's economic healt...

According to the State Statistics Committee, Azerbaijan's GDP decreased by 4.5% in the first four months of 2024, amounting to 38.18 billion manats ($22.45 billion). This indicates a significant decli...

Azerbaijan's economy demonstrated resilience in the first quarter of 2024, with a growth rate of 4% propelling GDP to 29 billion manats, despite challenges in the extractive industry. Non-oil GDP, acc...