CBA: Zero growth expected in Azerbaijan's oil and gas sector in 2027

Finance
  • 15 May, 2026
  • 14:52
CBA: Zero growth expected in Azerbaijan's oil and gas sector in 2027

The Azerbaijani government forecasts zero economic growth in the country"s oil and gas sector in 2027, as stated in the Central Bank of Azerbaijan's (CBA) Monetary Policy Review for the first quarter of 2026.

According to Report, this year, the government expects GDP in the oil and gas sector to decline by 3.3%.

According to forecasts, growth in Azerbaijan's non-oil and gas sector will amount to 3.2% in 2026 and 4.2% in 2027.