Azerbaijani economy

27 Jan. 14:20

Azerbaijan steps up electricity imports from Georgia

Azerbaijan exported approximately 493.980 million kWh of electricity to Georgia in the period from January through November 2025, the State Statistical Committee reported.

27 Jan. 13:30

Azerbaijani gold reserves exceed 200 tones

Azerbaijan's gold reserves have surpassed 200 tonnes by year-end, marking an increase of 36.4%. Gold now accounts for 38.2% of the investment portfolio of the national oil fund.

26 Jan. 19:25

Azerbaijan increases non-oil exports to Israel

Non-oil exports from Azerbaijan to Israel increased by 27%.

21 Jan. 15:40

Green energy to provide Azerbaijan with 8 GW per year - Ilham Aliyev

Today Azerbaijan sees a growing interest in renewable sources, President of Azerbaijan Ilham Aliyev said during an event titled “Azerbaijan Executive Breakfast,” held as part of the annual meeting of the World Economic Forum in Davos.

10 Jan. 13:30

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%.

24 Dec 2025 in 10:00

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 …

20 Dec 2025 in 17:20

Azerbaijan increases direct investment in Russia's economy by 42%

Russia also increased its investment in Azerbaijan's economy

17 Dec 2025 in 13:00

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.

13 Dec 2025 in 19:00

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

13 Dec 2025 in 17:00

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

9 Dec 2025 in 18:50

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).

8 Dec 2025 in 15:40

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.

6 Dec 2025 in 11:30

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.

2 Dec 2025 in 19:55

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.

1 Dec 2025 in 13:20

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.

28 Nov 2025 in 12:30

Azerbaijan increases non-oil and gas exports to Russia this year

Exports to other countries, including Türkiye, Switzerland, and Georgia, also increased

27 Nov 2025 in 16:00

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.