2026-4-13 19:58 |
Azerbaijan's population saw an increase in nominal revenues during the first quarter of this year. The rise in income reflects positive economic trends, with notable growth in both overall revenues and average wages.
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In February 2026, Azerbaijan saw growth in transfers outside the banking system via fast money transfer systems. The total volume of transfers increased compared to the previous year. However, the number of transactions showed a decrease over the same period. trend.az »
2026-04-07 22:23
Trade turnover between Azerbaijan and the Islamic Republic of Iran increased in the first two months of the year, reflecting a continued expansion of economic ties between the neighboring countries. trend.az »
2026-03-20 17:07
In January 2026, Azerbaijan's average monthly wage took a leap forward. The workforce expanded, with workers in both the public and private arenas. Major players in the game are trade, education, and health care. trend.az »
2026-03-14 01:10
As of March 1, 2026, the number of active VAT payers in Azerbaijan has really taken off. The count of taxpayers and business entities has certainly seen a rise when stacked against the figures from the start of the year and last year. trend.az »
2026-03-11 19:28
S&P Global Ratings reports that Azerbaijan maintains the lowest private sector debt to GDP ratio in the South Caucasus, with relatively low exposure to foreign currency lending and stable banking sector indicators despite slower projected credit growth. trend.az »
2026-02-15 14:12
Motor gasoline and diesel were heavily purchased by Azerbaijani people in January 2026. As a whole, sales were up from the same month a year ago. During the month, these products made up a significant portion of the total retail trade turnover. trend.az »
2026-02-12 03:12
In the first 11 months of 2025, the average monthly salary of hired employees in Azerbaijan increased significantly year on year. The number of salaried workers in the country also saw a notable rise. trend.az »
2026-01-16 17:09
Azerbaijan experienced moderate annual inflation last year, driven primarily by rising food prices and increased costs for paid services. trend.az »
2026-01-14 21:08
Azerbaijan's population revenues reached 80. 7 billion manat ($47. 5 billion) from January to November 2025. This amount represents an 8. 1% rise in nominal terms compared to the same period in 2024. trend.az »
2025-12-13 06:07
In Azerbaijan, 354,906 tons of raw cotton have been harvested from 100,468 hectares of land so far in 2025. The average cotton yield stands at 35.33 centners per hectare, the highest since 2000, surpassing the previous record of 33.6 centners/ha in 2020. trend.az »
2025-12-12 04:31
Azerbaijan’s trade with Australia reached $764. 49 million in January–October 2025, a 26. 2% decrease from a year earlier. Australia accounted for 1. 87% of Azerbaijan’s total trade turnover, placing it ninth among trading partners. trend.az »
2025-12-06 17:00
From January through September of this year, the South-West transport corridor saw 402,700 tons of freight transported. This marks a jump of 123,400 tons or 44% when stacked against the same stretch last year (279,300 tons). trend.az »
2025-12-03 20:42
The volume and number of transactions conducted in the National Real-Time Settlement System (AZIPS) in October significantly exceeded last year's figures. trend.az »
2025-11-29 02:27
As of November 1, 2025, loans granted to microbusinesses in Azerbaijan totaled 3.4 billion manat ($2 billion). This represents a 0.7 percent growth compared to October 1 and a 13.8 percent increase compared to the same period last year. trend.az »
2025-11-28 23:15
Azerbaijan’s customs revenue fell slightly in the first ten months of the year, totaling over 5 billion manats, down four percent from last year. trend.az »
2025-11-13 20:34
As of October 1, 2025, total loans issued by Azerbaijani credit institutions reached about 31 billion manats, with overdue loans amounting to roughly 530 million manat. trend.az »
2025-10-31 04:11
In the first nine months of 2025, Azerbaijan’s retail sales of food products reached 23.4 billion manat, marking a 1.4% increase compared to the same period last year. trend.az »
2025-10-13 21:42
Azerbaijan's insurance sector showed steady growth in the first seven months of 2025, with notable increases in both premium collections and payouts, signaling rising demand and activity in the market. trend.az »
2025-08-29 20:52
Azerbaijan’s carbamide export revenues surged to about $92 million in the first half of the year, marking a sharp increase of over 75% compared to last year. This growth contributed to a nearly 10% rise in the country’s total non-oil sector exports, which reached approximately $1.8 billion during the same period. trend.az »
2025-08-01 02:14
In late 2025, Azerbaijan's banking sector saw a decrease in concentration across its assets, deposits, and loan portfolios. The Central Bank of Azerbaijan reported a reduction in concentration levels, signaling a more diversified banking landscape.
Iran is expecting a strong tea harvest this year, with production set to increase. Tea prices have also risen significantly, reflecting higher production costs. The country has secured agreements with factories to purchase tea leaves directly from farmers.
Uzbekistan’s trade with Germany showed a slight decline at the start of 2026, though longer-term dynamics point to continued growth and stable economic engagement between the two countries.
From January to March 2026, Azerbaijan saw a rise in the value of information and communication services. This growth highlights a positive trend in the sector, contributing to the broader economic performance.
Azerbaijan’s agricultural sector saw growth in the first quarter of 2026, reflecting positive trends in production. The overall economic output, however, experienced a slight decline in GDP. While the oil and gas sector faced a decrease, the non-oil and gas industries showed modest growth.
Rising pork prices and higher energy costs linked to developments in the Middle East are also anticipated to contribute positively to the normalization of price levels.
Uzbekistan is seeing rising arrivals from South Korea, driven largely by tourism and growing bilateral ties.