Azerbaijan’s economic performance: bright spot in CIS with 4.1% growth

Azernews.Az

7 April 2025 13:55 (UTC+04:00)

Qabil Ashirov

According to the State Statistics Committee of the CIS, Azerbaijan's GDP for 2024 saw a notable 4.1% increase compared to the previous year. This puts the country ahead of Armenia, Kyrgyzstan, Tajikistan, and Moldova, making it one of the top performers in the region. This growth can be attributed to a combination of factors, including continued diversification efforts, expanding non-oil sectors, and robust demand for Azerbaijani exports.

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