Azerbaijan’s Economy Sees 1% Growth in First Half of 2026

Baku: Azerbaijan's gross domestic product (GDP) amounted to 65.2 billion manats in January-June 2026. This marks a 0.8% increase compared to the same period last year.

According to Azeri-Press News Agency, the State Statistical Committee reported that while the value of the country's oil and gas GDP decreased by 0.7% to 19.61 billion manats, the value of non-oil and gas GDP rose by 1.5% to 55.59 billion manats. This indicates a shift in the economic structure, emphasizing the growth in sectors other than oil and gas.