Azerbaijan's GDP falls slightly in 1Q26

In January–March 2026, Azerbaijan generated just over 29.7 billion manats (approximately $17.5 billion) of GDP, marking a 0.3% decrease year-on-year, Report informs, citing the country's State Statistical Committee.

During this period, the value of GDP in Azerbaijan's oil and gas sector decreased by 1.2% to approximately 8.5 billion manats (nearly $5.02 billion), while the non‑oil‑gas GDP grew by 0.2% to reach nearly 21.2 billion manats (over $12.45 billion).