Mikail Jabbarov: We expect significant decline of dependence on oil revenues

ASELSAN develops new projects in Azerbaijan

Through ASELSAN-Baku, ASELSAN develops new projects in Azerbaijan and installs systems.

Global economy to break mark of $100 trillion in 2022

The Center for Economic & Business Research (CEBR) has prepared a report on the economy of the countries of the world

China may become the first economy in the world in 2030

In 2022, the volume of the world economy will exceed $100 trillion for the first time

ƏDV Geri Al to be issued with use of payment terminals

The receipts of payment terminals used in Azerbaijan (Million, eManat, etc.) may also contain QR codes for the refund of part of VAT ‘ƏDV Geri Al’.

Deputy Economy Minister: Entrepreneurs working in Karabakh to be provided with benefits

New benefits are being prepared for entrepreneurs working in the liberated territories.

IMF: GDP in Azerbaijan to exceed $50 bn first time in last 7 years

New deputy economy ministers appointed

New deputy economy ministers have been appointed.

Head of the Antimonopoly Supervision Service appointed

Deputy Economy Minister: Azerbaijan's non-oil exports increased by 44%

Azerbaijan's economy grew by 5.3% and the non-oil sector by 6.4% for Jan-Nov 2021

Mikail Jabbarov: This year non-oil exports grew by 44%

GDP growth rate in Azerbaijan turned out to be higher than forecasts this year, stated Economy Minister Mikail Jabbarov.

Gold extraction in Azerbaijan observes growth

Sumgait Chemical Industrial Park exported for AZN 764 million over Jan-Nov

The first industrial park of Azerbaijan – the Sumgait Chemical Industrial Park – is marking today the 10th anniversary of its establishment

Balance formed in Azerbaijan's economy for past 11 months

Azerbaijan's foreign trade operations for the past 11 months of 2021 (Jan-Nov) reached $30.209 bn

A new enterprise with at least 150 jobs to open in Pirallahi

The Azerbaijani Ministry of Economy has held a meeting with the delegation of Turkish holding company Demiroren.

Data published on enterprises created in Ganja for first 9 months

A forest belt under creation in Agdam Industrial Park - Photo

Work on the creation of a social zone has been completed in the Agdam Industrial Park.

Forecast: China to overtake U.S. on GDP

China will surpass the U.S. on GDP in 2033, but the U.S. can regain leadership in 2050

Inflation in UK has grown more than by 5% in November

The inflation figures in the UK increased by 5.1% year-on-year in November.

New appointment at Ministry of Economy

The executive director of the Center for Analysis & Coordination of the Fourth Industrial Revolution under the Ministry of Economy has been appointed

ADB forecast on economic recovery of Azerbaijan

The GDP growth projection for 2021 is raised substantially from 4.1% to 4.7% on Central Asian Region