Azerbaijan's Central Bank improves its GDP growth forecast for 2026

Azerbaijan's Central Bank improves its GDP growth forecast for 2026

The Central Bank of Azerbaijan (CBA) has improved its GDP growth forecast for 2026, CBA Chairman Taleh Kazimov said at a press conference, SİA informs.

He noted that the country's economic growth is projected at 2.4% in 2026, including approximately 4% in the non-oil and gas sector.

Growth is projected to accelerate to 2.9% in 2027, and to 4.3% in the non-oil and gas sector.

In October 2025, the CBA previously forecast GDP growth in 2026 at 2%, and 4.4% in the non-oil and gas sector.

Azerbaijan's GDP grew by 1.4% in 2025.

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