CBA chair: Azerbaijan's economic growth to reach 0.5% this year

11:57 - 31.07.2026


July 31, Fineko/abc.az. It is predicted that economic growth (GDP) in Azerbaijan will reach 0.5% this year, while GDP growth in the non-oil/gas sector - 2.4%.

CBA chairman Taleh Kazimov said at a press conference dedicated to the parameters of the interest corridor that in 2027, economic growth is projected at 2.6% and 3.9% in the non-oil/gas sector.

CBA’s latest forecast says about a 1.1% growth in country's economy this year and a 3.2% growth in the non-oil/gas sector.

By Elmir Muradov