BAKU, Azerbaijan, October 9.
Investment in Azerbaijan’s economy totaled $8.64 billion in
January–September 2026.
According to a report on the country’s macroeconomic and social
development in January–September 2026, published by the State
Statistical Committee of Azerbaijan, the figure increased by 10.9%
compared with the same period in 2025.
Investment in the non-oil and gas sector rose by 3.1% to $5.77
billion.
The committee also reported that Azerbaijan’s gross domestic
product (GDP) totaled $60.03 billion in January–September 2026, up
1.5% year-on-year.
As of October 1, 2026, the country’s external public debt stood
at $4.509 billion. Strategic foreign exchange reserves reached
$89.381 billion as of the same date, marking a 9.7% increase
compared with a year earlier.
Meanwhile, Central Bank of Azerbaijan Chairman Taleh Kazimov
said at a July 31 press conference on the parameters of the
interest rate corridor that the bank had revised its economic
growth forecasts amid increased lending activity.
“We forecast economic growth of 0.5% in 2026, with non-oil and
gas GDP growth at 2.4%. In 2027, we expect economic growth of 2.6%
and non-oil and gas GDP growth of 3.9%,” Kazimov said.
