Azerbaijan updates economic growth forecast

16:48 - 15.04.2026


April 15, Fineko/abc.az. Azerbaijan's GDP is expected to grow by 1.7% instead of the previously forecast 2.9% this year.

ABC.AZ informs that this is stated in the Medium-term Budget Framework 2027-30 published by the Ministry of Finance.

According to the document, the forecast of economic recession in the oil & gas sector has been raised from 2.4% up to 3.3%, while the forecast of growth in the non-oil/gas sector lowered from 4.9% to 3.7%.