Head of Azerbaijan's Central Bank: GDP growth in Azerbaijan to reach 3.3% in 2025, 2.4% in 2026

The Central Bank of Azerbaijan (CBA) forecasts GDP growth of 3.3% in 2025, including a 4.7% increase in the non-oil and gas sector, CBA Chairman Taleh Kazimov said during a press conference on Wednesday.

Earlier this year, the bank had projected economic growth of 3.3% in 2025, with the non-oil and gas sector growing by 5.2%.

Kazimov emphasized that the CBA anticipates GDP growth of 2.4% in 2026, including a 4.6% increase in the non-oil sector.