Bank Of Baku

Azerbaijan's economic growth is expected to be close to 3% in 2027

Azerbaijan
# 16 September 2026 21:31 (UTC +04:00)

Azerbaijani government forecasts that the country's gross domestic product (GDP) will reach AZN 141 billion in 2027, APA-Economics reports citing Ministry of Finance's macroeconomic forecasts for 2027.

It is noted that economic growth in the country is expected to stand at 2.7% next year.

According to the forecast, growth of 4.4% is projected for the non-oil and gas sector, while a decline of 1.8% is anticipated in the oil and gas sector.

It is forecast that the non-oil and gas sector will account for AZN 109.1 billion of the total GDP in 2027.

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