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In January-August 2026 agricultural production increased by 2,6 percent.Consumer prices in January-August 2026 compared to January-August 2025 increased by 5,7 percent.In January-August 2026 the retail trade turnover increased by 3,9 percent.In January-July 2026 foreign trade turnover of the country amounted to 30017.4 million USD.In January-August 2026 GDP grew by 1,2 percent.In January-July 2026 average monthly nominal salary in the country amounted to 1176,7 manats.In January-August 2026 industrial output amounted to 44,6 billion manats .12 677,8 million manats of investments were directed to fixed assets in January-August 2026.

Overview of Key Macroeconomic Indicators

09.10.2026, 11:00

Indicators January - September 2026 January -September 2026 compared to corresponding period of 2025 January - August 2026 compared to corresponding period of 2025
A B C D
  Real growth / decline
1 Economic growth, million manats      
Gross domestic product (GDP) 102 048,2 +1,5% +1,2%
oil-gas GDP 30 326,5 -1,2% -0,8%
non-oil-gas GDP 71 721,7 +2,6% +2,1%
2 Real sector, million manats      
Industrial product 51 178,1 -0,8% -0,4%
non-oil-gas industry 16 558,0 +5,4% +5,4%
Agricultural product 11 905,3 +1,1% +2,6%
Transportation and storage services 12 816,6 +10,0% +8,7%
Information and communication services 3 257,1 +11,1% +10,7%
Retail trade turnover 50 774,7 +3,8% +3,9%
Investments to fixed capital 14 688,6 +10,9% +10,0%
non-oil-gas sector 9 813,4 +3,1% +1,4%
    Nominal growth / decline
3 Government finance and banking sector      
State budget revenues, million manats 29 312,1 +0,6% +0,5%
State budget expenditures, million manats 25 348,2 +2,8% +2,1%
Budget surplus (proficit), million manats 3 963,9 x x
Strategic currency reserves, million US dollars
(as of 30.09.2026)		 89 380,7 +9,7% +15,7%
External public debt, million US dollars
(as of 30.09.2026)		 4 509,5 -7,8% -7,8%
Credit investments in the economy1, million manats
(as of 31.08.2026)		 34 884,0 +14,5% +12,9%
Individuals deposits in banks1, million manats
(as of 31.08.2026)		 18 211,9 +17,8% +15,8%
4 Social welfare and inflation      
Nominal incomes of the population, million manats 72 711,7 +9,6% +9,4%
Average monthly nominal salary2, manat
(for January-August 2026)		 1 173,0 +7,2% +7,2%
Inflation (Consumer price index increase) x +5,7% +5,7%
5 Foreign trade, million US dollars

(for January-August 2026)

      
Trade turnover2 33 934,9 +7,4% +6,9%
Export 22 511,5 +36,2% +39,1%
non-oil-gas export 6 278,8 +2,6 times +2,8 times
Import 11 423,4 -24,1% -27,4%
1 For column D 31.07.2026 compared to 31.07.2025
2 For column D January-July 2026 compared to January-July 2025

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