Bank Of Baku

Moody's releases Azerbaijan's economic growth forecast

Moody
# 17 July 2026 14:56 (UTC +04:00)

International credit rating agency Moody's Ratings has released its forecast for Azerbaijan's economic growth, APA-Economics reports.

The agency projects Azerbaijan's economy to grow by around 1.5% in 2026 and by 2-2.5% over the medium term.

Moody's believes that the development of the non-oil sector, digital infrastructure projects, the expansion of regional transport connectivity, and reforms in public financial management, banking sector regulation, and fiscal oversight will support economic growth.

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