Azerbaijan: Fitch Solutions Discloses Azerbaijan's Economic Growth Forecast

Economic growth in Azerbaijan for 2025 is projected to reach 2.57%, APA reports, citing a report by "Fitch Solutions" (FS).

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How much will Azerbaijan’s real GDP be this year?

The report also highlights that the "Bloomberg Consensus" projects real GDP growth of 2.7% for Azerbaijan this year.

Earlier, the largest Dutch banking group "ING Group" predicted 3% economic growth for Azerbaijan in 2025 and 2.5% in 2026.

According to the Ministry of Economy of Azerbaijan, GDP growth in 2025 is expected to be 3.5%, while the Central Bank forecasts it to be 3.3%.

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International rating agencies’ forecasts

International rating agencies have varying forecasts regarding Azerbaijan’s economic growth in 2025–2026. "S&P Global" predicts a growth rate of 2%, "Fitch Ratings" expects 3% growth in 2025 and 2.4% in 2026, while "Moody's" projects 2.5% growth annually.

The European Bank for Reconstruction and Development forecasts economic growth of 3% in 2025 and 2.5% in 2026 for Azerbaijan. The World Bank estimates a growth rate of 2.7% for this year and 2.4% in 2026.

According to the State Statistics Committee, economic growth in January–February 2025 amounted to 0.2%.

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Reference/ Citation

Fitch Solutions discloses Azerbaijan's economic growth forecast (2025) Apa.az.

‍https://en.apa.az/finance/fitch-solutions-discloses-azerbaijans-economic-growth-forecast-463526 

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