2026-1-15 21:08 |
Azerbaijan experienced moderate annual inflation last year, driven primarily by rising food prices and increased costs for paid services.
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Azerbaijan records significant growth in trade with Iran
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
Azerbaijan records increase in average monthly salary for January 2026
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
Azerbaijan records growth in active VAT payers by March 2026
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
Azerbaijan records lowest private sector debt to GDP ratio in South Caucasus - S&P
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
Azerbaijan records local gasoline and diesel prices in January 2026
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
Azerbaijan records uptick in nationwide average monthly salaries for 11M2025
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 records robust enhancement in nation’s revenue streams for 11M2025
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
Azerbaijan records all-time high average cotton yield over decades
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 records boom in product exports to Australia for 10M2025
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
Azerbaijan records major hike in South-West transport corridor cargo traffic for 9M2025
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
Azerbaijan records growth in AZIPS-driven transactions
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
Azerbaijan records growth in nation's microbusiness lending by November 2025
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 records minor dip in customs income in 10M2025
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
Azerbaijan records rise in manat loans and decrease in foreign currency lending
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
Azerbaijan records strong retail food sales in 9M2025
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 records drop in credit insurance premiums and payments
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 records robust surge in urea export earnings in 6M2025
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
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Turkmengas announces tender for plant and electrical equipment
Turkmengas State Concern has invited manufacturers to participate in a tender for the supply of general plant equipment as well as electrical, instrumentation, and automation systems. Interested companies can submit applications before the specified deadline.
LUKOIL swings to massive net loss in 2025 despite positive operating profit
Russian oil giant PJSC LUKOIL reported a sharp reversal into a deep net loss for the full year 2025, even as its operating profit remained positive.
LUKOIL’s equity drops sharply as other reserves nearly disappear in 2025
PJSC LUKOIL experienced a significant drop in its shareholders’ equity in 2025, primarily because of a sharp decrease in other reserves.
Azerbaijan's copper concentrate production shows steady growth
Azerbaijan's mining sector shows significant growth in copper concentrate production, contributing to an overall increase in the value of mining industry output for the year.
LUKOIL reduces total liabilities by 23% in 2025
In 2025, PJSC LUKOIL improved its financial situation by reducing its overall liabilities by around 25%.
Canada steps up remittances to Azerbaijan by 17% for 2025
In 2025, remittances flowing from Canada to Azerbaijan experienced growth, constituting a minor segment of the overall foreign remittance landscape. Conversely, the prior year experienced a downturn in these remittances.
LUKOIL’s total assets shrink by 41% in 2025
Russian LUKOIL saw a significant contraction in its balance sheet in 2025, with total assets decreasing by more than 41% year-on-year.