Musayev: GDP of OTS countries exceeded $2.1 trillion

The combined GDP of the member and observer states of the Organization of Turkic States (OTS) exceeded $2.11 trillion by the end of 2025, while trade turnover reached $1.127 trillion, Mammad Musayev, President of the National Confederation of Entrepreneurs' (Employers') Organizations, said at the business forum "Economic Integration and Cooperation of the OTS Countries: New Opportunities in Industry, Agriculture, Logistics, and the Digital Sector" in Astana, Report informs.

According to him, with a population of over 178 million, the economic potential of the OTS countries currently accounts for 2.8% of global GDP and 3.6% of global trade.

Musayev noted that the Turkic states are demonstrating dynamic growth amid global economic uncertainty. Specifically, in 2025, Kyrgyzstan's economy grew by 11.1%, Uzbekistan's by 7.7%, Kazakhstan's by 6.5%, Turkmenistan's by 6.3%, Türkiye's by 3.2%, and Azerbaijan's by 1.4%.

With the formation of a new geoeconomic order, the integration of the OTS countries is becoming a strategic necessity, where the Middle Corridor is crucial as the safest, shortest, and most promising route between East and West, he emphasized.

The head of the confederation particularly emphasized the role of Azerbaijan, which, under the leadership of President Ilham Aliyev, has become one of the region's main transport and logistics hubs thanks to the Baku–Tbilisi–Kars railway project, the Baku International Sea Trade Port in Alat, and the development of the East–West and North–South corridors.

Mammad Musayev also noted that Azerbaijan's GDP in 2025 exceeded $76 billion, while banking sector assets reached $34 billion, with higher growth rates observed in the non-oil sector.

He emphasized the need to create joint industrial zones, develop digital trading platforms, harmonize customs procedures, and expand cooperation in artificial intelligence, FinTech, and smart logistics.