A balanced and diversified economy is the cornerstone of long-term stability and prosperity. For Azerbaijan, an energy-rich nation, the oil and gas sector has traditionally been the backbone of economic growth and fiscal revenues. However, recognizing the inherent risks of over-reliance on hydrocarbons—volatile global prices, shifting energy paradigms, and climate commitments—the country is actively pursuing diversification both within the energy domain and beyond.

While the global energy landscape is gradually shifting from traditional fossil fuels toward alternative and renewable sources, Azerbaijan’s diversification efforts extend beyond energy. The non-oil sector has emerged as a vital driver of economic resilience and growth, signaling promising strides toward a more sustainable economic structure.

Non-oil sector performance: Encouraging indicators

Recent data from the Center for Analysis of Economic Reforms and Communications underscore this positive trend. In the first half of 2025, Azerbaijan’s non-oil exports surged by 9.9% year-on-year,........

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