EBRD revises Azerbaijan's GDP growth outlook for 2025-26

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data-url="https://en.trend.az/business/4011023.html"> <div class="top-part"> <h1 class="">EBRD revises Azerbaijan's GDP growth outlook for 2025-26</h1> <div class="meta"> <span class="categories">Economy</span> <span class="genres">Materials</span> <span class="date-time">27 February 2025 10:35 (UTC +04:00)</span> </div> <div class="meta">    </div> </div> <div class="left-part"> <div class="sticky-content"> <div class="social"> <ul class="social-sharing"> <li class="facebook"> <a role="button" data-sharer="facebook" aria-label="Facebook sharing" data-url="https://en.trend.az/business/4011023.html" ><i class="icon-facebook"></i></a> </li> <li class="twitter"> <a role="button" data-sharer="twitter" aria-label="Twitter sharing" data-title="EBRD revises Azerbaijan's GDP growth outlook for 2025-26" data-url="https://en.trend.az/business/4011023.html" ><i class="icon-twitter"></i> </a> </li> <li class="linkedin"> <a role="button" data-sharer="linkedin" aria-label="Linkedin sharing" 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data-to="" data-subject="EBRD revises Azerbaijan's GDP growth outlook for 2025-26" data-title="EBRD revises Azerbaijan's GDP growth outlook for 2025-26" data-url="https://en.trend.az/business/4011023.html"><i class="icon-envelope-open"></i></a> </li> </ul> </div> </div> </div> <div class="right-part"> <div class="image-wrapper"> <img src="https://en.trend.az/media/2024/07/23/ebrd_logo_on_building_230724_2.jpg" alt="EBRD revises Azerbaijan's GDP growth outlook for 2025-26"> <div class="image-copyright">Photo: European Bank for Reconstruction and Development</div> </div> <div class="article-paddings"> <div class="read-news-on"> <h4>Follow Trend on</h4> <ul> <li class="whatsapp"> <a href="https://www.whatsapp.com/channel/0029VaDeZSSD8SE3IQQJrJ3z" target="_blank"><img src="/assets/img/whatsapp_btn.svg?v5" alt="Whatsapp"> <span>Whatsapp</span></a> </li> <li class="telegram"> <a href="https://t.me/TrendNewsAgency" target="_blank"><img src="/assets/img/telegram_btn.svg?v4" alt="Telegram"> <span>Telegram</span></a> </li> <li class="facebook"> <a href="https://www.facebook.com/en.trend.az" target="_blank"><img src="/assets/img/facebook_btn.svg?v4" alt="Facebook"> <span>Facebook</span></a> </li> <li class="twitter"> <a href="https://twitter.com/trend_en" target="_blank"><img src="/assets/img/twitter_btn.svg?v5" alt="Twitter"> <span>Twitter</span></a> </li> <li class="google-news"> <a href="https://news.google.com/publications/CAAiEPjeZe42nAn9L3fdQ__w74kqFAgKIhD43mXuNpwJ_S933UP_8O-J" target="_blank"><img src="/assets/img/googlenews_btn.svg?v3" alt="Google News"> <span>News</span></a> </li> </ul> </div> <div class="author"> <figure><img src="https://cdn.trend.az/2023/01/11/trend_maryana_ahmedova_110123.jpg" alt="Maryana Ahmadova"></figure> <div> <h6>Maryana Ahmadova</h6> <a class="read-more" href="https://en.trend.az/authors/maryana_akhmedova/">Read more</a> </div> </div> </div> <div class="article-content article-paddings" itemprop="articleBody"> <p><strong>BAKU, Azerbaijan, February 27.</strong> Azerbaijan's GDP growth is expected to moderate to 3 percent in 2025 and 2.5 percent in 2026, the European Bank for Reconstruction and Development (EBRD) said, <a href="http://en.trend.az" target="_blank">Trend</a> reports.</p> <p>According to the bank's Regional Economic Prospects report, Azerbaijan’s economy expanded significantly in 2024, with real GDP growth reaching 4.1 percent, up from 1.1 percent in 2023</p> <p>"This growth was fuelled by strong non-oil sector performance (6.2 percent growth) and public investment, while real income growth and the expansion of infrastructure projects further accelerated the economic activity.</p> <p>After a period of contraction, the oil and gas sector rebounded in March 2024 as gas production expanded to meet growing European demand.</p> <p>Meanwhile, inflation remained under control, fluctuating between 0 percent year-on-year in April, the lowest level in over nine years, and 4.9 percent at the end of 2024. Factors such as state price regulation and lower global food prices helped stabilise domestic inflation, keeping consumer costs manageable.</p>    <div id="ad-video-container-67c0cf6b212e1" style="position: relative; width: 100%; height: 0;"></div> <script> (function(containerId) { if (typeof window.loadAdVideoZL === 'undefined') { window.loadAdVideoZL = new Promise((resolve, reject) => { import('/vast_test/main.js?20241209001') .then(module => { window.initAdVideoZL = module.default; resolve(window.initAdVideoZL); }) .catch(reject); }); } window.loadAdVideoZL.then((initAdVideoZL) => { initAdVideoZL(containerId); }); })('ad-video-container-67c0cf6b212e1'); </script> <p>Azerbaijan’s GDP growth is expected to moderate to 3 percent in 2025 and 2.5 percent in 2026. However, as the bank noted, the country’s economic outlook will remain highly sensitive to oil and gas price fluctuations and regional geopolitical developments.</p> <p>"In the medium term, Azerbaijan stands to benefit from increased trade via the Middle Corridor, connecting China and Central Asia to Europe. Additionally, public consumption is expected to rise, supported by government investments in infrastructure, agriculture and defence," the bank added.</p> <p>The EBRD is an important institutional investor in Azerbaijan. To date, the Bank has invested more than 4 billion euros in over 190 projects across the country, with a focus on diversifying the economy and supporting green climate initiatives.</p> </div> <div class="tags article-paddings"> <div class="tag-title">Tags:</div> <ul> <li class="tag-item"> <a href="https://en.trend.az/tags/812/">Azerbaijan</a> </li> <li class="tag-item"> <a href="https://en.trend.az/tags/823/">EBRD</a> </li> <li class="tag-item"> <a href="https://en.trend.az/tags/6568/">GDP growth</a> </li> <li class="tag-item"> <a href="https://en.trend.az/tags/11146/">European Bank for Reconstruction and Development (EBRD)</a> </li> </ul> </div> </div> </div> <div class="banner-on-visible" data-slot-id="TREND_slot_Mobile_news_320x50_under_article" style="margin-left: auto; margin-right: auto;"> <div id="TREND_slot_Mobile_news_320x50_under_article" style="min-height: 50px; margin: 0 auto;"> <script> googletag.cmd.push(function () { 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class="categories">Politics</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/azerbaijan/politics/4011235.html"> <h4 class="">Baku hosts official welcome ceremony for President of Guinea-Bissau (PHOTO/VIDEO)</h4> <div class="meta"> <span class="date-time">27 February 14:50 (UTC+04)</span> <span class="categories">Politics</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/casia/kyrgyzstan/4011226.html"> <h4 class="paid-news">Kyrgyzstan discloses number of small HPPs put into operation in 2024</h4> <div class="meta"> <span class="date-time">27 February 14:41 (UTC+04)</span> <span class="categories">Kyrgyzstan</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/business/4011223.html"> <h4 class="paid-news">Kazakhstan spotlights dairy farm expansion targets for 2025</h4> <div class="meta"> <span class="date-time">27 February 14:35 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/business/4011218.html"> <h4 class="">Azerbaijan holds meeting of subgroup on boosting eco-friendly transport turnover</h4> <div class="meta"> <span class="date-time">27 February 14:33 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/casia/tajikistan/4011220.html"> <h4 class="">Kyrgyz parliament nods key papers on Kyrgyz-Tajik border deal</h4> <div class="meta"> <span class="date-time">27 February 14:30 (UTC+04)</span> <span class="categories">Tajikistan</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/iran/4011201.html"> <h4 class="paid-news">Russia backs Iran's oil fields for activation of advanced monitoring system</h4> <div class="meta"> <span class="date-time">27 February 14:25 (UTC+04)</span> <span class="categories">Iran</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/azerbaijan/society/4011204.html"> <h4 class="">Working group on environmental issues re-assembles in Azerbaijan's Zangilan (PHOTO)</h4> <div class="meta"> <span class="date-time">27 February 14:20 (UTC+04)</span> <span class="categories">Society</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/azerbaijan/politics/4011215.html"> <h4 class="">President of Guinea-Bissau arrives in Azerbaijan on official visit (PHOTO)</h4> <div class="meta"> <span class="date-time">27 February 14:15 (UTC+04)</span> <span class="categories">Politics</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/azerbaijan/politics/4011199.html"> <h4 class="">Azerbaijani parliament slams EU-Armenia Parliamentary Partnership Committee statement</h4> <div class="meta"> <span class="date-time">27 February 14:14 (UTC+04)</span> <span class="categories">Politics</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/business/4011192.html"> <h4 class="paid-news">Eni grows LNG sales in Q4 2024</h4> <div class="meta"> <span class="date-time">27 February 14:01 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/iran/politics/4011188.html"> <h4 class="">Iran-EAEU free trade agreement set to take effect soon - minister</h4> <div class="meta"> <span class="date-time">27 February 13:53 (UTC+04)</span> <span class="categories">Politics</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/casia/uzbekistan/4011187.html"> <h4 class="paid-news">Uzbekneftegaz views option to 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class="paid-news">Kazakhstan, Nigeria forge co-op in space and digital economy</h4> <div class="meta"> <span class="date-time">27 February 13:36 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/business/4011175.html"> <h4 class="paid-news">Eni's exploration/production full-year net profit declines</h4> <div class="meta"> <span class="date-time">27 February 13:25 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/business/4011163.html"> <h4 class="paid-news">Eni's exploration/production segment sees drop in Q4 EBIT</h4> <div class="meta"> <span class="date-time">27 February 13:20 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/business/4011165.html"> <h4 class="">Kazakhstan to reduce electricity imports from Russia</h4> <div class="meta"> <span class="date-time">27 February 13:18 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/azerbaijan/politics/4011158.html"> <h4 class="">NGOs prepare topographic and satellite view digital map of environmental consequences of Armenia's mining industry</h4> <div class="meta"> <span class="date-time">27 February 13:10 (UTC+04)</span> <span class="categories">Politics</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/casia/kyrgyzstan/4011157.html"> <h4 class="">Kazakhstan seeks to strengthen strategic ties with Turkmenistan</h4> <div class="meta"> <span class="date-time">27 February 13:05 (UTC+04)</span> <span class="categories">Kyrgyzstan</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/business/energy/4011153.html"> <h4 class="">Azerbaijan, Somalia ink MoU on cooperation in oil & gas sector (PHOTO)</h4> <div class="meta"> <span class="date-time">27 February 12:58 (UTC+04)</span> <span class="categories">Oil&Gas</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/business/4011137.html"> <h4 class="">Global central banks see sharp interest surge in gold reserves - BSE expert</h4> <div class="meta"> <span class="date-time">27 February 12:56 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/business/4011152.html"> <h4 class="">Kazakhstan keeps tightening screws on export of gasoline and diesel fuel</h4> <div class="meta"> <span class="date-time">27 February 12:53 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li 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class="date-time">27 February 12:05 (UTC+04)</span> <span class="categories">Politics</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/business/transport/4011099.html"> <h4 class="">Heydar Aliyev International Airport: new destinations and expanding route network</h4> <div class="meta"> <span class="date-time">27 February 12:02 (UTC+04)</span> <span class="categories">Transport</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/business/4011071.html"> <h4 class="">Russia tops in tourist arrivals to Azerbaijan in 2024</h4> <div class="meta"> <span class="date-time">27 February 11:49 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/business/4011068.html"> <h4 class="paid-news">KazMunayGas discloses planned dividend payout volume</h4> <div class="meta"> <span 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groundwater fixes</h4> <div class="meta"> <span class="date-time">27 February 11:06 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/business/4011044.html"> <h4 class="paid-news">Middle Corridor trade, public investment to boost Azerbaijan's economy, EBRD forecasts</h4> <div class="meta"> <span class="date-time">27 February 11:05 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/azerbaijan/4011003.html"> <h4 class="">Columbia University, US, hosts commemoration event for Khojaly genocide (PHOTO)</h4> <div class="meta"> <span class="date-time">27 February 10:55 (UTC+04)</span> <span class="categories">Azerbaijan</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/business/4011035.html"> <h4 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class="paid-news">Kazakhstan aims to boost oil transit via Aktau-Baku-Ceyhan route in 2025</h4> <div class="meta"> <span class="date-time">27 February 10:43 (UTC+04)</span> <span class="categories">Economy</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/casia/uzbekistan/4011020.html"> <h4 class="">Uzbekistan, Qatar join forces in realm of information technology</h4> <div class="meta"> <span class="date-time">27 February 10:41 (UTC+04)</span> <span class="categories">Uzbekistan</span> <span class="genres">Materials</span> </div> </a> </li> <li class="bg-shade"> <a href="https://en.trend.az/iran/4011019.html"> <h4 class="paid-news">Iranian airports move up international flights</h4> <div class="meta"> <span class="date-time">27 February 10:40 (UTC+04)</span> <span class="categories">Iran</span> <span class="genres">Materials</span> </div> </a> </li> <li class=""> <a href="https://en.trend.az/business/4011023.html"> <h4 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