Azerbaijan’s economy has grown

Azerbaijan’s economy has grown

In January–February 2026, Azerbaijan produced 18.4731 billion manats worth of gross domestic product (GDP).

According to Startup.az, citing the State Statistics Committee, this represents a 0.3% increase compared to the same period last year.

During the reporting period, value added in the oil and gas sector decreased by 1.7%, while the non-oil and gas sector increased by 1.4%.

The structure of GDP production was distributed as follows: 32.7% from industry, 11.4% from trade and repair of transport vehicles, 7.5% from transportation and storage, 3.9% from construction, 3.2% from agriculture, forestry and fishing, 2.8% from accommodation and food services, and 2.1% from information and communication. Other sectors accounted for 24.1%, while net taxes on products and imports made up 12.3% of GDP.

 
 
 

Paylaş