ING Group and Fitch Affirm 2% GDP Growth Forecast for Azerbaijan

13:00 - 11.07.2026


July 11, Fineko/abc.az. Dutch financial conglomerate ING Group and global credit rating agency Fitch Ratings have aligned their near-term projections regarding Azerbaijan's economic growth trajectory for 2026.

According to ABC.AZ, both institutions forecast a 2% annual GDP growth rate. Fitch analysts noted that robust energy price environments will be counterbalanced by tighter domestic fiscal and monetary parameters. Concurrently, ING models reflect a back-loaded economic recovery heading into the second half of the year (peaking at 3.3% in Q4), while retaining a 3% expansion forecast for 2027.