CBA: Azerbaijan's Non-Oil Sector to Grow by More Than 3% This Year

CBA: Azerbaijan’s Non-Oil Sector to Grow by More Than 3% This Year

June 28, 2026
General

Baku: The Central Bank of Azerbaijan (CBA) has forecast the country's economic growth at 1.1% for 2026 and 3.2% for 2027, said CBA Chairman Taleh Kazimov during a press conference today.

According to Azeri-Press News Agency, Kazimov highlighted projections for the non-oil sector, expecting it to grow at 3.2% in 2026 and 4.7% in 2027. The report underscores the potential of the non-oil sector in contributing to the overall economic growth of Azerbaijan in the coming years.