CBA: Country’s general economic growth this year to be provided by non-oil sector to greatest extent

11:48 - 13.11.2025


November 13, Fineko/abc.az. The Central Bank of Azerbaijan has published a new issue of the Monetary Policy Review.

ABC.AZ reports that according to the Review, GDP in the oil & gas sector is projected to decline by 0.2% this year and by 2.4% next year.

According to the document, the overall economic growth in the country will be provided to a greater extent by the non-oil/gas sector.

"Forecasts for the oil & gas sector are based on official government forecasts. The implementation of the forecast of economic growth in the non-oil and gas sector for 2025 and 2026 will largely depend on the dynamics of domestic aggregate demand," the Review notes.

By Elmir Murad