Azerbaijan's 2027 GDP Forecast Set at 141 Billion Manats

Azerbaijan's gross domestic product (GDP) is forecast to reach 141 billion manats in 2027, representing real growth of 2.7% compared with 2026, Finance Minister Sahil Babayev said.

AZERTAC reported that Babayev made the announcement while presenting the draft law on the state budget of the Republic of Azerbaijan for 2027 in its first reading at a meeting of the parliamentary committee on economic policy, industry and entrepreneurship.

He also said non-oil-and-gas GDP is projected at 109.1 billion manats, a real increase of 4.4% over 2026. Looking at the five-year period from 2023 to 2027, Babayev said non-oil-and-gas GDP will reach the growth target of 30 billion manats, an increase of 38%.