Economy

AZE.US Homeowners with small apartments in central Baku may soon receive apartment offers instead of cash compensation when their properties are demolished, under a proposal voiced in parliament this week. Currently, compensation during urban redevelopment projects is calculated per square meter. In practice, this formula disadvantages owners of small units. For example, a 30-square-meter apartment … Read more

AZE.US Prices for nuts and dried fruits are increasing across markets and supermarkets in Azerbaijan as demand grows ahead of the Novruz holiday. With the start of pre-holiday Tuesdays, consumers are actively purchasing traditional festive products, including walnuts, hazelnuts, almonds and raisins. Vendors say higher demand is pushing prices upward, with some items seeing noticeable … Read more

AZE.US Investment in overseas real estate remains one of the most actively pursued strategies among Azerbaijani citizens, with demand continuing to rise in recent years, according to market data and industry observers. Statistics covering the past two months indicate that Azerbaijani nationals ranked among the top five foreign buyers of residential property in Turkey. Market … Read more

AZE.US In Azerbaijan, obtaining an official property ownership certificate – commonly referred to as a “kupcha” – is a formal legal procedure. The state fee for electronic registration of property rights is 50 AZN, with additional service charges depending on urgency. On paper, the process appears structured and transparent. In practice, however, thousands of property … Read more

AZE.US As inflation pressures and currency sensitivity remain part of Azerbaijan’s economic landscape, many households and small investors are asking a practical question: where to invest money in Azerbaijan in 2026? Should capital go into bank deposits, Baku real estate, gold, or small-scale businesses such as taxi operations? Each option offers a different balance between … Read more

AZE.US Meat prices in Azerbaijan remain elevated, with both consumers and vendors reporting sustained increases compared to last year. According to market observations, the average price of beef has risen by 3-5 manats year-on-year, while lamb has increased by 4–6 manats. If bone-in beef could be found for 14-15 manats per kilogram at the beginning … Read more

AZE.US In Azerbaijan’s banking system, taking out a loan often comes with a familiar condition: find a guarantor. For many, signing as a guarantor feels like a routine gesture – helping a relative, supporting a friend, facilitating a business deal. Legally, however, it is far from symbolic. When a borrower fails to meet repayment obligations, … Read more

AZE.US In January 2026, Azerbaijan received 181,800 foreign citizens and stateless persons from 158 countries, according to data released by the State Statistics Committee. Of those arrivals, 71.1% were men and 28.9% were women – a notable gender imbalance in the country’s inbound flow. The figures suggest that Azerbaijan’s visitor profile may differ from that … Read more

AZE.US Retail prices for butter in Azerbaijan are climbing, with some stores now offering the product at up to 37 manats per kilogram, according to local market observations. Official data show that in January 2026, Azerbaijan produced more than 1,904 tons of butter. According to the State Statistics Committee, this represents a 13.2% decrease compared … Read more

AZE.US Online commerce in Azerbaijan has expanded rapidly since the pandemic, reshaping consumer behavior and placing new pressure on traditional retail stores. Shoppers are increasingly comparing prices before making purchases, reading reviews and choosing between multiple platforms. The shift has not gone unnoticed by brick-and-mortar retailers, many of whom report declining foot traffic and rising … Read more