17:03 - 24.02.2025

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February 24, Fineko/abc.az. This year, Azerbaijan's nominal GDP will reach $74.98 bn (127.466 bn manats) and will increase up to $77.86 bn (132.362 bn manats) in 2026.

ABC.AZ informs, referring to the forecasts of S&P Global, country's real GDP growth in 2025 and 2026 is projected at 2%.

The agency estimates that GDP per capita will reach $7,277 in 2025, and increase up to $7,511 in 2026.

Azerbaijan's Ministry of Economy predicts economic growth in the country this year at 3.5%, while the Central Bank expects growth in 2025 at 3.3%.

According to forecasts by the international rating agency Moody's, real GDP growth in Azerbaijan in 2025 will be 4%. Fitch Ratings forecasts an increase in the country's GDP by 3% in 2025 and 2.4% in 2026. The Dutch bank ING expects economic growth in the country at 2.6% this year and 2.8% next year.

In 2024, Azerbaijan's economy grew by 4.1% and nominal GDP amounted to 126.337 billion manat ($74.315 billion).