Azerbaijan’s economy will grow by 2.2% in 2026, which is higher compared to the 1.4% growth in 2025, Fitch Ratings said, APA-Economics reports.
The agency links the growth to the stabilization of gas production amid declining oil output and notes that the risks of serious disruptions in energy supply are low.
Fitch also stated that military operations in Iran affect the economies of regional countries mainly through rising energy and logistics costs. This could increase inflation risks and lead to a widening external deficit.
According to the agency, these effects will be felt more in energy-importing countries such as Armenia and Georgia. However, high reserves and limited exchange rate pressures reduce short-term risks.
Fitch believes that rising global energy prices could accelerate inflation, but positive real interest rates in the region provide central banks with additional room for maneuver.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
