ECONOMY

During the period of January-July 2026, the consolidated budget revenues amounted to 28 billion 841.8 million manats. “Elchi” reports this with reference to the Ministry of Finance. During the period, the consolidated budget expenditures were executed in the amount of 23 billion 742.4 million manats.

A positive dynamic has been observed in the execution of the state budget in January-July of this year. According to the information provided to “Elchi” by the Ministry of Finance, during this period, the execution of requests related to treasury operations was ensured in accordance with legislative requirements, quickly and without errors, and more than […]

Azerbaijan is further strengthening its position as an international transport and logistics hub. As a result of the development of the East-West and North-South international transport corridors, as well as major infrastructure projects implemented in recent years, the volume of transit transportation in the first seven months of 2026 exceeded 9.1 million tons, rising to […]

In January-July of this year, the retail trade turnover in Azerbaijan amounted to 38 billion 358.5 million manats. elchi reports this with reference to the State Statistical Committee. According to the information, this figure increased by 3.8% compared to the corresponding period of last year.

In January-July of this year, 11 billion 111.9 million manats were invested in fixed capital. “Elchi” reports with reference to the State Statistical Committee that this figure is 10.7% higher compared to the corresponding period of the previous year. During the reporting period, the volume of investments directed to the non-oil and gas sector amounted […]

In January-July of this year, the nominal income of the Azerbaijani population reached 55 billion 631.8 million manats. “Elchi” reports this with reference to the State Statistical Committee. According to the information, this figure is 9.8% higher compared to the same period last year.

Azerbaijani oil of the “Azeri Light” (CIF) brand has increased in price on world markets. “Elchi” reports that the price of one barrel of Azerbaijani oil has increased by 0.56 dollars, or 0.6%, reaching 93.93 US dollars. It should be noted that the previous price of Azerbaijani oil was 93.37 US dollars. We remind you […]

As of August 1, 2026, Azerbaijan’s external public debt amounted to 4 billion 590.8 million US dollars. elchi reports that this was stated by the State Statistical Committee. It should be noted that this is 7.5% less compared to the same period last year.

In January-July 2026, the gross domestic product (GDP) of Azerbaijan amounted to 76 billion 817.7 million manats. “Elchi” reports, citing the State Statistical Committee, that this is 1.4% more compared to the same period of the previous year. Over the past year, the value of the country’s oil and gas GDP decreased by 0.6% to […]

During the period of January – July of this year, the volume of VAT refunded to consumers by authorized banks for goods purchased from persons engaged in retail trade and public catering activities within the country (excluding oil and gas products, automobiles, alcoholic beverages, and tobacco products), services in the fields of theater performances, film […]