Baku 18° C
Central Bank of Azerbaijan expects decline in oil-and-gas GDP
Finance
- 13 November, 2025
- 11:06
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Central Bank of Azerbaijan (CBA) expects the oil and gas sector's gross domestic product (GDP) to fall by 0.2% this year and by 2.4% in 2026, according to CBA's Monetary Policy Review.
Report informs that, according to the regulator, overall economic growth will be mainly driven by the non-oil and gas sector.
"The forecasts for the oil and gas sector are based on the government's official projections. The economic growth in the non-oil and gas sector in 2025 and 2026 will largely depend on the dynamics of domestic aggregate demand," the review stated.
Author
AMB neft-qaz sektorunda iqtisadi azalmaya dair proqnozlarını açıqlayıb
ЦБА: Основным драйвером экономического роста в 2025-2026 годах станет ненефтегазовый сектор
Latest News
18:50
Photo
Russian missile barrage kills three in Kyiv, damages hospital and key bridge
Other countries
18:30
Azerbaijan establishes AI Observatory to boost economic competitiveness
ICT
18:28
OSCE PA President Pere Joan Pons steps down - Exclusive
Other countries
18:27
Asa Regner: UNESCO allocates $500,000 to support 48 local initiatives
Foreign policy
18:24
Photo
Jeyhun Bayramov discusses prospects for cooperation with ICESCO
Foreign policy
18:20
President: World Forum on Intercultural Dialogue has transformed into efficient and inclusive platform
Foreign policy
18:13
Deputy minister outlines AI Hub's role in economic transformation
Business
17:57
Photo
Jeyhun Bayramov, Alexander Zuev discuss plans to expand UNOCT presence in Azerbaijan
Domestic policy
17:56
Emin Huseynov: Experience of rebuilding Azerbaijan's Garabagh may be of interest to other countries
Karabakh