15:43 - 17.07.2026

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July 17, Fineko/abc.az. Azerbaijan's economic dynamics remained moderate in 2026: real GDP decreased by 0.3% in year-on-year comparison for the first quarter.

"Over Jan-May 2026, real GDP remained virtually unchanged relative to the 2025 same term, as ongoing decline in oil production due to field depletion was only slightly offset by expansion of non-oil activity," Moody's analysts emphasize.

Moody's expects economic growth in the country to remain around 1.5% in 2026, with medium-term growth rate of 2-2.5%, as diversification efforts, investments in digital infrastructure, and regional connectivity projects support non-oil expansion.