ADB keeps Azerbaijan’s 2026-2027 growth forecasts unchanged

The Asian Development Bank (ADB) kept its economic growth forecasts for Azerbaijan unchanged at 2.0% for 2026 and 1.8% for 2027 in its July update of the Asian Development Outlook. 

The bank said economic growth would continue to be driven mainly by the non-oil sector, while declining oil production would continue to weigh on overall expansion.

ADB said Azerbaijan’s macroeconomic position remained stable despite regional and global uncertainties.

N.Tebrizli