12 March 2026, 17:08 Azerbaijan: GDP Grows 0.3% in January–February.
Azerbaijan’s gross domestic product rose 0.3% year-on-year in January–February 2026, edging up from 0.2% in the same period last year. The non-oil and gas sector expanded by 1.4%, while the oil and gas sector declined 1.7%. On the production side, industry remained the largest contributor to GDP, accounting for 32.7%, followed by trade and vehicle repair (11.4%) and transport and warehousing (7.5%). Construction accounted for 3.9%, agriculture, forestry and fishing 3.2%, tourist accommodation and catering 2.8%, and information and communication 2.1%, while other sectors made up 24.1% of the economy. Net taxes on products and imports accounted for 12.3% of GDP.
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