Azerbaijan’s gross domestic product (GDP) totaled 106 billion 435.4 million manats in January–October 2025, reflecting a 1.3% increase compared to the same period last year.

Azerbaijan’s GDP growth is expected to average 2.5% per year in the medium term, Jihad Azour, director of the International Monetary Fund’s Middle East and Central Asia Department, said at a press conference on Thursday.

The European Bank for Reconstruction and Development (EBRD) forecasts Azerbaijan’s economy to expand by 2% in 2025 and 2.5% in 2026, according to its September Regional Economic Prospects review.

Azerbaijan’s gross domestic product (GDP) totaled 83.37 billion manats in January–August 2025, reflecting a 1% year-on-year increase, according to the State Statistical Committee.