UN projects GDP growth for South Caucasus countries
The United Nations has presented a new two-year economic growth forecast for the South Caucasus, predicting real GDP growth in Azerbaijan, Armenia, and Georgia to range from 2.7% to 5.4%.
Azerbaijani economy
Azerbaijan and Türkiye intend to increase trade turnover to $15bln
The 2nd Azerbaijan-Türkiye Investment Forum was held in Baku yesterday. Türkiye's Vice President Cevdet Yilmaz said bilateral trade between Türkiye and Azerbaijan reached $8 billion in 2024. He noted …
Azerbaijan increases direct investment in Russia's economy by 42%
Russia also increased its investment in Azerbaijan's economy
Azerbaijan's non-oil and gas exports to Russia exceeds $1bln
Russia remains a key destination for Azerbaijan's non-oil and gas exports. The value of supplies over the first 11 months of the year reached $1.08 billion, a 1% increase year-on-year.
Elchin Amirbekov: Zangezur Corridor to increase trade volumes between Asia and Europe
Amirbekov noted that the Zangezur Corridor will connect Azerbaijan and Armenia for the first time in 30 years
FDI in Azerbaijan's economy increased by nearly 29%
The majority of this investment came from the UK, UAE, Türkiye, Russia, the US, and Iran
Azerbaijani investment in Georgia increases by 89%
Azerbaijan has emerged as the fourth-largest investor in the Georgian economy, according to preliminary data from the Georgian National Statistics Office (Sakstat).
Azerbaijani and Iranian FMs discuss trade growth prospects
Azerbaijani Foreign Minister Jeyhun Bayramov and Iranian Foreign Minister Seyyed Abbas Araghchi discussed the issues of bilateral relations, international and regional relations.
S&P upgrades Azerbaijan's outlook to positive
S&P Global Ratings revised its outlook on Azerbaijan to positive from stable, the agency said in the report.
Non-oil sector projected to become Azerbaijan's budget basis by 2029
Azerbaijan expects non-oil and gas sectors to reach 63% economic contribution next year, with further expansion targeting 70% share within several years.
Azerbaijan's non-oil exports up by 6.6% in 10 months
Azerbaijan’s non-oil sector exports grew by 6.6% in the first 10 months of 2025, totaling $2.99 billion, according to the Center for Analysis of Economic Reforms and Communication.
Azerbaijan increases non-oil and gas exports to Russia this year
Exports to other countries, including Türkiye, Switzerland, and Georgia, also increased
Baku, Tbilisi, Ashgabat and Bucharest to establish Caspian-Black transit pipeline
The signing of an agreement between Azerbaijan, Georgia, Turkmenistan, and Romania to establish the Caspian Sea - Black Sea international transport route is planned for December 2025.
Uzbekistan proposes joint investment forum with Azerbaijan in Samarkand for 2026
Uzbekistan has offered to host a Central Asia-Azerbaijan Investment Forum in Samarkand during 2026.
Azerbaijan to boost persimmon exports to Turkish market
Azerbaijan plans to significantly increase persimmon shipments to Türkiye, leveraging recent trade incentives including duty and VAT exemptions.
Over $305 million in loans directed toward Karabakh's development
According to media reports, the volume of loans in the Karabakh economic region amounted to over $305 million in the first nine months of this year.
Greece doubles oil imports from Azerbaijan
The total value of the export exceeded $268 mln
Azerbaijan to reduce defense spending by 2030
Azerbaijan plans to cut its defense spending by 8.6% over the next five years. By 2030, the republic expects to spend less than $5 billion on its military.
Azerbaijan's non-oil exports to Russia increased by 8%
Azerbaijan's non-oil exports to Russia reached $814 million during the first eight months of 2025, marking an 8.2% increase compared to the same period last year. Russia remains Baku's main export destination.
Russia and Azerbaijan have no problems in economic area - Overchuk
Russian Deputy Prime Minister Alexei Overchuk said Russia and Azerbaijan understand each other well in the economic sphere and work constructively in it at the level of governments and enterprises.
