Bank Of Baku

S&P forecasts growth in Azerbaijan’s GDP per capita for 2026–2028

S&P forecasts growth in Azerbaijan’s GDP per capita for 2026–2028
# 06 December 2025 13:02 (UTC +04:00)

In 2026, GDP per capita in Azerbaijan is projected to reach USD 7.8 thousand , APA-Economics reports, citing the international rating agency S&P Global Ratings.

According to the forecasts, GDP per capita will rise to USD 8.2 thousand in 2027, and toUSD 8.6 thousand in 2028.

“At the same time, the nominal GDP of Azerbaijan is expected to amount to USD 80.7 billion in 2026, USD 85.1 billion in 2027, and USD 89.6 billion in 2028,” the agency stated.

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