Nakhchivan's economic growth rate exceeds national average

15:38 - 13.10.2026


October 13, Fineko/abc.az. Over Jan-Sept 2026, the Nakhchivan Autonomous Republic produced GDP for 1.34 bn manats. Compared with Jan-Sept 2025, the real economic growth was 3.5% (2.5% in the previous quarter).

The Nakhchivan State Statistics Committee informs that GDP per capita in the NAR grew by 3.2% up to 2,835 manats.

The economic growth rate in Nakhchivan exceeded the national average by 2 p.p.

According to the State Statistics Committee of Azerbaijan, country's GDP amounted to 102.48 bn and real economic growth - 1.5% for Jan-Sept 2026.

At that, value added in the oil & gas sector declined by 1.2%, while in the non-oil/gas sector it increased by 2.6%.

According to calculations at current prices, Nakhchivan's share in the Azerbaijani economy grew from 1.26% for Jan-Sept 2025 up to 1.31% for Jan-Sept 2026 (a rise of 0.05 p.p.).

For comparison, for Jan-Sept 2025, Nakhchivan's GDP was 1.199 bn manats and Azerbaijan's GDP - 95.229 bn manats. Nominal growth of those indicators was 11.8% and 7.2%, respectively.

At that, the pace of real economic growth in Nakhchivan slowed from 4.3% for Jan-Sept 2025 up to 3.5% for Jan-Sept 2026, having decreased by 0.8 p.p. In Azerbaijan, on the contrary, this indicator grew from 1.3% up to 1.5%.