S&P Global Ratings has determined its forecast of economic growth in Azerbaijan for 2024-2027 and determined, Paralel.Az-Economics reports citing the international rating agency.

In 2025, Fitch Solutions has increased the economic growth forecast in Azerbaijan from 1.5% to 2.5% in real gross domestic product (GDP).

S&P predicted 2% economic growth in the country in 2025, and 1.5% in 2026-2027, which it announced last year.

Raiting agency, also forecasted nominal GDP in Azerbaijan in the amount of USD 76.08 billion in 2024, USD 77 billion in 2025, USD 79 billion in 2026, and USD 82 billion in 2027.