In January-May of this year, nominal incomes of Azerbaijan's population reached 37 billion 699.8 million manats.
According to the State Statistics Committee, this figure increased by 10.2% compared to the same period last year.
Azerbaijan incomes rise 10.2%
Azerbaijan's nominal incomes hit 37.7 billion manats, recording 10.2% growth.
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Extra revenues directed to reserves
Economy Minister Mikayil Jabbarov spoke about directing extra revenues to reserves and investments in the liberated territories.
Non-oil sector reaches 71.5%
Mikayil Jabbarov: Non-oil sector reaches 71.5%. Positive shift in economic structure.
Penalties for Non-Compliance with Digital Fraud Rules
Central Bank of Azerbaijan warns of fines for non-compliance with digital fraud prevention rules. New anti-fraud legislation details.
State to pay credit interest for farmers
State to pay credit interest for farmers. New mechanism aims to support the agricultural sector.
New Status for Business Development Fund
Cabinet of Ministers updates list of institutions under the Ministry of Economy. PM Ali Asadov signs decision adding the Business Development Fund to the list.
Azerbaijan oil prices drop
Azerbaijan oil price drops 4.82% to $95.27. Latest on "Azeri Light" crude in global markets.
EIA Raises Azerbaijan Oil Production Forecast
The EIA raised its 2026 oil production forecast for Azerbaijan to 550,000 bpd, with quarterly increases also noted.
Real estate indices announced for May
Azerbaijan Appraisers Chamber released May 2026 real estate indices. Composite index rose 6%.
State lands to be swapped with private plots proposed
A proposed bill allows exchanging state lands with private plots. The land market turnover is expected to increase.
State debt hits 25.9 billion manats
Azerbaijan's state debt at the start of 2026 stands at 25.9 billion manats, 20.1% of GDP. Internal and external debt breakdown.
Defense spending rises 23% in 2025
Azerbaijan's defense spending increased by 23% in 2025, reaching over 8 billion manats. Details on Bond.az.
Azerbaijan allocates 4.5B manat to liberated areas
Azerbaijan’s 2025 state budget allocates 4.5 billion manat for rebuilding liberated territories, focusing on infrastructure and housing.
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