Energy Markets
The Azerbaijani finance ministry expects GDP to grow by 2.9% in 2026.
The Finance Ministry predicted that Azerbaijan’s Gross Domestic Product (GDP) will grow by 2.9% between 2026 and 2027, a slight drop from the growth of 3% expected for this year. If the rate of GDP growth continues at this pace, it will also be below the Finance Ministry’s forecasted average annual growth of 3.5% over 2026-2029. Azerbaijan expects a budget gap of 2,3% of GDP or approximately 3,125 billion manats next year. Revenues are forecast to increase by 0.2% compared to 2025 forecasts and expenditures by 0.3% to 41.548 trillion manats. According to the ministry, this slight decline comes at...