Market

Baku: In January 2026, consolidated budget revenues in Azerbaijan amounted to 4 billion 411.9 million manats. Consolidated budget expenditures were executed in the amount of 1 billion 717.5 million manats. Thus, the consolidated budget surplus stood a…

Baku: Positive dynamics were observed in the execution of the state budget in January 2026. During this period, more than 37,000 payment orders were executed by treasury authorities, and high indicators were recorded in the execution of state budget r…

Baku: In 2025, approximately 209 million barrels of oil and condensate were exported from the Sangachal terminal. According to Azeri-Press News Agency, 27 billion cubic meters of Shah Deniz gas were also exported from the terminal during the same peri…

Baku: The Ministry of Digital Development and Transport and Google have announced the official launch of the ‘Gemini’ artificial intelligence model in the Azerbaijani language, as revealed by the Ministry to APA-Economics. This strategic move includes…

Baku: Economic growth in Azerbaijan saw a 1.7% increase in January 2026, as the country’s gross domestic product (GDP) reached 9 billion 78.7 million manats. This growth represents a notable rise compared to January of the previous year.

According t…

Yerevan: The export route via Azerbaijan is open for Armenian businesses, said Armenian Prime Minister Nikol Pashinyan during a government hour in parliament, APA reports, citing Armenian media. ‘We have received guarantees at the highest level for th…

Baku: Azerbaijan’s non-oil and gas sector exports saw a 9% increase in January this year compared to the same period last year, reaching a value of $268.4 million. The Center for Analysis of Economic Reforms and Communication provided this information…

Baku: Azerbaijan’s economic and financial cooperation with the United States has reached a strategic level, according to Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA). Kazimov made this announcement during a roundtable event that was…

Baku: Azerbaijan’s average monthly salary has surpassed the 1,100 manat mark, reflecting a notable increase in the country’s economic landscape. According to preliminary data for 2025, the average monthly nominal wage of employees across various secto…