12:13 - 29.04.2025

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April 29, Fineko/abc.az. According to the International Monetary Fund (IMF) forecasts, by the end of 2030, Azerbaijan's nominal GDP with a real growth of 2.5% will amount to $100.895 billion, Report informs referring to the IMF.

In 2025, Azerbaijan's nominal GDP with a real growth of 3.5% is expected to be at the level of $78.87 billion. The country's nominal GDP in 2026 is projected to be $81.872 billion with a real growth of 2.5%, in 2027 - $85.792 billion with a real growth of 2.4%, in 2028 - $90.327 billion with a real growth of 2.4%, and in 2029 - $95.373 billion with a real growth of 2.5%.

Nominal non-oil GDP in 2025 is expected to be $55.6 billion (annual growth of 10.46%), in 2026 - $60.3 billion (+8.37%), in 2027 - $64.9 billion (+7.64%), in 2028 - $69.8 billion (+7.6%), in 2029 - $75.2 billion (+7.64%), and in 2030 - $80.9 billion (+7.64%)

The Azerbaijani government forecasts GDP at $75.9 billion (+3.7%) this year.

In 2024, Azerbaijan's economy grew by 4.1%, amounting to $74.2 billion. At the same time, non-oil and gas GDP growth was 6.2%. However, in January-March 2025, the economic growth rate slowed to 0.3%. The largest banking group in the Netherlands, ING Group, forecasts average annual inflation in Azerbaijan at 5.2% in 2025 and 5.1% in 2026.

The average annual inflation in Azerbaijan last year was 2.2%, and in January-March 2025 - 5.6%.