Azerbaijan is demonstrating significant progress on both economic and geopolitical fronts. This advancement has attracted the attention of major global financial institutions. Among them, the Dutch financial giant ING Group has recently published a detailed report outlining Azerbaijan’s economic outlook, offering valuable insights into the country’s growth prospects and challenges ahead.

The Dutch financial institution ING Group projects a moderate but stable growth trajectory for Azerbaijan over the next two years. While the forecasts point to a slight deceleration in economic momentum compared to 2024, the overall outlook underscores macroeconomic resilience, fiscal discipline, and positive structural trends in key non-oil sectors.

According to ING’s projections, real GDP growth in Azerbaijan is expected to reach 1.5% in 2025, recovering to 2.8% in 2026, following a robust 4.1% expansion in 2024. While the slowdown may appear pronounced at first glance, ING analysts stress that such a trend was anticipated as a natural correction after a strong rebound year.

“After 4.1 percent GDP growth in 2024, the slowdown this year was not unexpected,” the ING report notes,........

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