(MENAFN- Trend News Agency)
** BAKU, Azerbaijan, Feb. 25.** Azerbaijan’s real
GDP is expected to be in the range of 2.5% to 3% in 2026-27,
compared with an estimated 1.5% in 2025 and 4.1% in 2024, says
Moody’s, Trend reports.
“Growth will again be driven by the solid performance of the
non-oil sector, in which banks conduct most of their business,
supporting credit growth, asset quality and profitability. Economic
growth will be supported by expanding capacity and activity in the
transport and logistics sector, including key transport routes such
as the Trans-Caspian International Transport Route; by
reconstruction efforts in the Karabakh and East Zangezur regions;
and by the government’s push into renewables, which has drawn
foreign investment into wind and solar projects,” reads the
report.
Will be updated
MENAFN25022026000187011040ID1110786226
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Moody's Reveals Forecasts For Azerbaijan's Real GDP In 2026-27
(MENAFN- Trend News Agency) ** BAKU, Azerbaijan, Feb. 25.** Azerbaijan’s real GDP is expected to be in the range of 2.5% to 3% in 2026-27, compared with an estimated 1.5% in 2025 and 4.1% in 2024, says Moody’s, Trend reports.
“Growth will again be driven by the solid performance of the non-oil sector, in which banks conduct most of their business, supporting credit growth, asset quality and profitability. Economic growth will be supported by expanding capacity and activity in the transport and logistics sector, including key transport routes such as the Trans-Caspian International Transport Route; by reconstruction efforts in the Karabakh and East Zangezur regions; and by the government’s push into renewables, which has drawn foreign investment into wind and solar projects,” reads the report.
Will be updated
MENAFN25022026000187011040ID1110786226