Bank Of Baku

IMF: Azerbaijan's non-oil economy to grow by 4.5% this year

IMF: Azerbaijan
# 21 October 2025 12:15 (UTC +04:00)

This year, economic growth in Azerbaijan's non-oil sector will amount to 4.5%, APA-Economics reports, citing the International Monetary Fund (IMF).

The Fund forecasts that non-oil GDP will grow by 3.7% in 2026 and by 3.5% in 2030.

Note that the IMF has projected an overall economic growth rate of 3% for this year and 2.5% for the years 2026–2030.

The Fund also forecasts that the country’s nominal GDP will amount to $76.4 billion this year, $80 billion next year, and $100.8 billion in 2030.

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