ECONOMY

From 1995 to the first half of 2026, the volume of direct investments of the Czech Republic in Azerbaijan amounted to approximately $74 million. elchi reports that this was stated by Azerbaijani representative Yusif Abdullayev in his speech at the Azerbaijan-Czech Business Forum. He noted that approximately $70 million of this figure was directed to […]

In January-August 2026, the average monthly nominal salary of salaried employees in Azerbaijan increased by 7.2% compared to the same period last year, reaching 1173 manats. elchi reports, citing the State Statistics Committee, that as of September 1, the number of salaried employees in the country was 1 million 776.8 thousand people. Of these, 834.2 […]

Oil prices have risen in global markets.elchi reports that currently, a barrel of “Brent” crude oil is offered at $104.72, and a barrel of light crude oil is offered at $91.85.

Deputy Minister of Economy, Samad Bashirli, met with Gerlind Heckmann, Head of the Sub-Department for Foreign Economic Promotion and Financing for Ukraine, Eastern Europe, the Caucasus, and Central Asia at the Federal Ministry for Economic Affairs and Energy of Germany. This was reported to elchi by the Ministry of Economy. It was emphasized that there […]

So far, 116,908 new generation control-cash registers (NKA) have been installed in Azerbaijan. This was reported to elchi by the State Tax Service. It was stated that the use of new generation NKAs has made it possible to conduct settlements more transparently, prevent the illegal circulation of goods, and ensure control over turnover. In January-September […]

In January-September of this year, goods worth 50 billion 774.7 million manats were sold to consumers in Azerbaijan’s retail trade network. elchi reports this, citing the State Statistics Committee. According to the information, compared to the same period in 2025, the retail trade turnover increased by 3.8% in real terms.

In January-September 2026, Azerbaijan produced a gross domestic product (GDP) of 102 billion 48.2 million manats. elchi reports, citing the State Statistics Committee, that this is 1.5% more than in the same period last year. Over the past year, the value of the country’s oil and gas GDP decreased by 1.2% to 30 billion 326.5 […]

Repair work is being carried out on Ilqar Musayev street in the Gunashli settlement of Surakhani district.elchi reports, citing the State Agency of Azerbaijan Automobile Roads, that the repair work covers the section of Ilqar Musayev street from its intersection with Etibar Bekirov street to its intersection with Surkhay Nochuiev street.Traffic will be restricted in […]

The value of gold futures per troy ounce has increased in commodity markets. elchi reports, citing exchange data, that the value of December 2026 futures for one troy ounce of gold on the New York “COMEX” commodity exchange increased by 1.13% to $4,204 US dollars. On “COMEX”, the price of December 2026 futures for one […]