BAKU, Azerbaijan, June 20. Azerbaijan’s
industrial production sector amplified in the first 5 months of
2026.
The data obtained by Trend from the State Statistics Committee’s report
“Macroeconomic indicators of the country’s socio-economic
development for January-May 2026” show that over this period,
Azerbaijan’s industrial enterprises and individual entrepreneurs
operating in the sector produced industrial goods worth 27.5
billion manat ($16 billion).
This figure reflects a 0.2% year-on-year growth in real
terms.
Azerbaijan’s gross domestic product (GDP) totaled 51.78 billion
manat ($30.5 billion) from January through May this year.
The country’s economy expanded 0.2% in real terms compared to
the same period last year.
During the reporting period, value added in the oil and gas
sector declined by 1% to 16.12 billion manat ($9.5 billion), while
the non-oil and gas sector grew by 0.4% to 35.6 billion manat ($21
billion).
