13:00 - 13.06.2026
June 13, Fineko/abc.az. ING Bank, the largest financial conglomerate in the Netherlands, has released its latest economic assessment report on Azerbaijan for 2026.
According to ABC.AZ, navigating the structural metrics of the document:
Peak Macro Forecasts: ING projects that in 2026, Azerbaijan’s fiscal budget surplus will settle at 5% of GDP, while the current account surplus is expected to jump to 11% of GDP. Notably, ING holds the most bullish forecast regarding Azerbaijan's current account balance among major global institutions.
Strategic Advantages: The country remains a prime beneficiary of elevated global commodity and energy prices. Higher oil and gas revenues combined with expanding energy diplomacy will solidify the nation's sovereign fiscal buffers. Key milestones include prospective foreign investments into the ACG block, a new 15-year gas supply contract with Turkey sourced from the Absheron field, and the repositioning of the Baku-Supsa pipeline as an alternative export route for Kazakh crude.
Identified Risks: High exposure to imported inflation transmitted via global trading partners and comparatively modest real GDP growth rates are cataloged as the primary headwind risk factors.
