By the end of 2026, Azerbaijan’s GDP is projected to reach 134.1 billion manats, including 101.7 billion manats from the non-oil and gas sector, APA-Economics reports.
This is reflected in the Ministry of Finance’s “Statement on the Preliminary Indicators of the State and Consolidated Budgets of the Republic of Azerbaijan for 2026.”
The ministry expects GDP to rise to 142.1 billion manats in 2027 and 150.4 billion manats in 2028. By 2029, GDP is forecast to reach 161.8 billion manats, with the non-oil and gas sector contributing 129.5 billion manats.
The share of the non-oil and gas sector in GDP is projected to grow to 75.8% in 2026, 77.6% in 2027, 79.5% in 2028, and 80% in 2029.
