Azerbaijan’s Nakhchivan economy posts strong growth in 2025
Nakhchivan’s economy has shown steady growth, reflecting overall improvements in the region’s economic performance. trend.az »
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Nakhchivan’s economy has shown steady growth, reflecting overall improvements in the region’s economic performance. trend.az »
Nakhchivan Autonomous Republic has seen a significant increase in investment in fixed capital, supporting the development of the economy and social sectors. trend.az »
Nakhchivan Autonomous Republic has reported an increase in both budget revenues and expenditures, reflecting continued fiscal growth in the region. trend.az »
The number of registered commercial entities in Azerbaijan has continued to grow, reflecting a steady expansion of business activity and taxpayer participation across the country. trend.az »
Industrial production in Nakhchivan has shown notable growth, signaling strengthening economic activity in the region. trend.az »
Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF) has provided significant loans to thousands of borrowers. The fund has also supported numerous business loans with guarantees. Additionally, a substantial number of residential units have been transacted through leasing mechanisms. trend.az »
Azerbaijan experienced moderate annual inflation last year, driven primarily by rising food prices and increased costs for paid services. trend.az »
Electricity generation from wind and solar sources in Azerbaijan has increased, reflecting continued growth in renewable energy output. trend.az »
The production of electricity at thermal power plants in Azerbaijan has seen a notable rise, whereas the output from hydropower plants has experienced a decrease. trend.az »
Azerbaijan's non-oil exports to Kazakhstan have seen a decline from January to November 2025 compared to the previous year. This decrease reflects a drop in the overall value of exports to the country during the period. trend.az »
As of January 1, 2026, Azerbaijan saw a notable rise in the number of active VAT payers, according to the State Tax Service. The data also reveals a broader increase in both active taxpayers and economic entities, indicating growth across various sectors of the economy. trend.az »
Azerbaijan's foreign direct investments (FDI) in Malaysia experienced significant growth in the first nine months of 2025. The increase highlights a remarkable rise in investment compared to the same period last year. trend.az »
In 2025, Azerbaijan Railways (ADY), part of AZCON Holding, saw a significant increase in passenger traffic on domestic routes and the Absheron circular railway. The number of passengers exceeded the previous year’s results, with a notable rise in December compared to the same month in 2024. trend.az »
The Baku Stock Exchange (BSE) has published the turnover rankings of investment companies for 2025. According to the data, PASHA Kapital Investment Company is at the top of the heap, closely followed by ABB Invest and CPM-Invest, highlighting the competitive dynamics within Azerbaijan's investment industry. trend.az »
The Baku Stock Exchange (BSE) saw a significant drop in the number of transactions and a decline in repo transaction turnover compared to the previous year. trend.az »
Azerbaijan’s non-oil exports to Belarus increased significantly in 2025. As a result, Belarus became one of the top importers of Azerbaijani non-oil products. trend.az »
The State Tax Service of Azerbaijan is expanding the use of new-generation cash registers nationwide. These devices enhance transaction transparency, prevent illegal goods circulation, and improve market oversight. trend.az »
In 2025, Azerbaijan continued its VAT refund program for cashless property purchases, helping reduce costs for consumers. The State Tax Service reported successful implementation of the initiative throughout the year. trend.az »
Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) has stepped up its support for individual borrowers and businesses, rolling out substantial loans and guarantees while helping out with rental housing. trend.az »
The Social Development Fund of Azerbaijan's State Committee for Refugees and Internally Displaced Persons has announced a tender for building a concrete channel and retaining wall for rainwater management in Baylik village, Lachin district. trend.az »
The Regional Water Reclamation Service of the Azerbaijan State Water Resources Agency has issued a tender for the purchase of a GPS/GNSS System/IP67 Device. The participation fee is 103. 5 manat ($60. trend.az »
Azerenergy Open Joint Stock Company (OJSC) of Azerbaijan has announced a tender for certification and control audit services per ISO 45001 and ISO 50001 standards. The participation fee is 250 manat ($147), with bids due by 10:00 (GMT+4) on January 30, 2026. trend.az »
Azerbaijan significantly increased its sugar exports last year, shipping around 80,000 tons and earning approximately $57 million, up nearly one and a half times in both volume and revenue compared to the previous year. trend.az »
Lending to Azerbaijan’s trade and services sector climbed to about 4.3 billion manat by early December, marking steady growth both month-on-month and year-on-year, according to the Central Bank of Azerbaijan. trend.az »
New lending by Azerbaijani credit institutions totaled about 2.7 billion manat as of early December, with loans issued in the national currency accounting for roughly 2.4 billion manat and overwhelmingly dominating the market. trend.az »
Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF) has issued 3. 7 billion manat ($2. 2 billion) in loans to 56,808 borrowers, according to Trend. Additionally, business loans with guarantees have totaled 687. trend.az »
Azerbaijan's State Housing Development Agency (MIDA) has announced a tender for software license procurement. The participation fee is 250 manat ($147), with proposals due by 15:00 (GMT+4) on January 26, 2026. trend.az »
Azerbaijan produced 15.7 billion from January through November of last year. This figure grew by 15.3% compared to the same period in 2024. As of December 1, 2025, the stock of finished cigarettes and cigars in Azerbaijan exceeded one billion units. trend.az »
In the first three quarters of 2025, the money flow from Azerbaijan to Canada hit $6. 9 million, taking a hit of 8. 5% compared to the year before. Canada's slice of the pie in total remittances sent abroad from Azerbaijan was a modest 1. trend.az »
Germany's FDI in Azerbaijan fell to $23. 27 million in 2025, cutting down from last year's $46. 6 million. Meanwhile, Azerbaijan has ramped up its investments in Germany, bringing them up to $53 million, which is three times last year's $17. trend.az »
As of December 1, 2025, Azerbaijani banks and non-bank financial institutions lent 18. 7 billion manat ($11 billion) to local households. This marks a 0. 7% increase from the previous month and an 11. trend.az »
Azerbaijan increased the value and volume of natural gas exports to Bulgaria, simultaneously strengthening its position in its external gas markets. trend.az »
In January–October of this year, the export of natural gas from Azerbaijan to Italy grew in volume but decreased in value compared to the same period last year. trend.az »
In January–October of the current year, Azerbaijan increased the value of natural gas exports to Greece against the backdrop of an overall increase in revenues from gas exports, despite a decrease in the physical volumes of supplies and a reduction in imports. trend.az »
Azerbaijan exported 189. 5 million cubic meters of natural gas worth $105. 1 million to Serbia in the first 10 months of 2025, marking an 8. 1-fold increase in value and a 5. 4-fold rise in volume compared to last year. trend.az »
Azerbaijan exported 153.15 million cubic meters of natural gas worth $52.5 million to Syria during the first 10 months of 2025 trend.az »
Solar and wind energy production in Azerbaijan increased during the reporting period. trend.az »
The Nakhchivan Ministry of Economy has launched a tender for the design of the State Service for Antimonopoly and Consumer Market Oversight’s new administrative building. trend.az »
Azerbaijan's Shusha City State Reserve Department has announced a tender for the construction of six four-storey residential buildings in the D-5 neighborhood as part of Shusha's first phase of development. trend.az »
Azerbaijan’s hydro and thermal power production recorded mixed results during the reporting period. trend.az »
Azerbaijan has directed substantial investment toward its construction sector, with a notable increase in residential housing projects. trend.az »
Azerbaijan has generated nearly $200 million in revenue from natural gas exports to Georgia during the first ten months of the year. trend.az »
In the first 10 months of 2025, Azerbaijan imported 44,441 kilograms of gold, worth $4. 5 billion, from 22 countries. This marks a significant increase of $2. 4 billion (2. 1 times) in value and 17,300 kilograms (1. trend.az »
The EBRD's project portfolio in Azerbaijan covers dozens of initiatives and includes both public and private investments. trend.az »
Azerbaijan produced 46.45 billion cubic meters (bcm) of natural gas from January through November 2025, marking a 0.9% increase from the previous year. Of this, 35.5 bcm was marketable gas, up 1.12% compared to the same period in 2024 (46 bcm) trend.az »
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 »
In the first eleven months of the year, Azerbaijan transported around 15.4 million tons of cargo and 9.2 million passengers by rail, marking a notable drop in cargo but a rise in passenger traffic compared to last year. trend.az »
Azerbaijan brought in a grand total of 86,909 cars, 6,588 trucks, and 702 buses from the start of the year to the end of October 2025. Nearly half of these vehicles hit the road, while a little over a third took to the skies, and a modest slice made their way across the waves. trend.az »
Azerbaijan produced 634,400 tons of white oil from January to November 2025, a 14.3% increase from 2024. By December 1, finished stocks reached 18,600 tons. The total manufacturing value of petroleum products was 5 billion manat ($2.9 billion), up 9.6% year-on-year. trend.az »
Crude oil production in Azerbaijan reached around 25 million tons in the first eleven months of the year, down roughly 1 million tons, or 5%, compared to the same period last year. trend.az »