Moody’s international rating agency forecasts that Azerbaijan’s real gross domestic product (GDP) growth will reach 2.5–3% in 2026–2027, APA-Economics reports.
This was stated in Moody’s report on the outlook for Azerbaijan’s banking system.
This figure is higher compared to the expected 1.5% growth in 2025 and the 4.1% growth recorded in 2024.
According to the agency’s assessment, the acceleration of economic growth will mainly be driven by the stable development of the non-oil sector. A large share of banking operations is attributed precisely to this sector.
The report notes that this tendency will support credit growth, preserve asset quality in the banking sector, and maintain profitability.
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