Bank Of Baku

Azerbaijan’s economy grows by 1.2% in eight months

Azerbaijan’s economy grows by 1.2% in eight months
# 09 September 2026 11:13 (UTC +04:00)

In January-August 2026, Azerbaijan produced gross domestic product (GDP) worth 87 billion 709.5 million manats, the State Statistical Committee said, APA-Economics reports.

This is 1.2% more in real terms compared to the corresponding period of last year.

During the reporting period, value added in the oil and gas sector decreased by 0.8%, while it increased by 2.1% in the non-oil and gas sector.

In January-August, GDP worth 26 billion 181.9 million manats was generated in the oil and gas sector, while GDP worth 61 billion 527.6 million manats was generated in the non-oil and gas sector.

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