#non-oil
Latest news and interesting information about non-oil.
VAT Deposit to SSIF Transfer Now Possible
Azerbaijan allows transferring funds from VAT deposit accounts to the State Social Protection Fund. Details on the new bill.
Export registration costs to be compensated
Azerbaijan to compensate export customs clearance costs for non-oil and gas exporters. President signed decree.
Tourism Sector Misses Targets
Azerbaijan's tourism sector grew 8.5% in 2025, missing the initial 15.9% target, per Chamber of Accounts.
Construction sector shrank 0.4% in 2025
Azerbaijan's construction sector shrank 0.4% in 2025, missing forecasts. Chamber of Accounts releases opinion.
Economic growth and non-oil sector development in Azerbaijan
Azerbaijan economic growth, non-oil sector development prospects, Minister Mikayil Jabbarov statements and expert opinion.
Economic future and energy transition discussed at forum
The economic future and energy transition of Azerbaijan were discussed at the Technovation by PMI forum in Baku, co-organized by AmCham Azerbaijan.
GDP per capita reaches 12,600 manat in 2025
In 2025, Azerbaijan's GDP per capita reached 12,600 manat, with economic growth and non-oil sector development.
Non-oil sector reaches 71.5%
Mikayil Jabbarov: Non-oil sector reaches 71.5%. Positive shift in economic structure.
President signs decree to support non-oil exports
President Ilham Aliyev signs decree supporting non-oil exports and Nakhchivan goods transportation. Up to 70% of transport costs covered.
Rovshan Mahmudov appointed CEO of Grand Agro
Rovshan Mahmudov has been appointed CEO of Grand Agro. Learn about his experience and previous achievements.
Private sector share in agriculture rises
Azerbaijan boosts private sector in agriculture with 2026-2030 State Program, expanding orchards and greenhouses to increase exports.
IMF Updates Azerbaijan's Balance of Payments Forecasts
IMF updates Azerbaijan's balance of payments forecasts: current account surplus to reach $7.57 billion in 2026.
Good News for Entrepreneurs: Minister Reveals
Finance Minister Sahil Babayev reveals important updates for entrepreneurs: geopolitical challenges, non-oil exports, and support measures.
Nigeria economic growth slows slightly in first quarter
Nigeria's GDP grew 3.89% in Q1 2026, slightly down from Q4 2025. Oil and non-oil sectors slow. Tinubu's reforms continue.
How Will Economic Trends Change by 2026?
Azerbaijan's economy saw growth in the non-oil sector. Explore how economic trends may change until 2026.
Structural reforms to continue in Azerbaijan
News about the continuation of structural reforms in Azerbaijan, reflected in the General Collective Agreement.
Azerbaijan's non-oil exports reach record levels
Non-oil exports rose by 25% in the first quarter of 2026, reaching a new peak.
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