Economy

Mortgage Limits Opened: When and How to Apply in Azerbaijan

AZE.US A new round of mortgage lending is set to begin in Azerbaijan this week, with the Mortgage and Credit Guarantee Fund allocating fresh limits...

Import From Iran: New Challenges For Azerbaijani Businesses

AZE.US Growing tensions in Iran are beginning to ripple across the Azerbaijani market, raising concerns among small and medium-sized businesses that rely on cross-border trade. For...

Slowdown At The Car Market: Chinese Brands Reshape Demand

AZE.US A noticeable slowdown has set in across Azerbaijan’s car market. Vendors who once struggled to handle weekend crowds now describe a sharp drop in...

Online Shopping From Turkey Gets More Expensive: Azerbaijani Consumers Look For Alternatives

AZE.US For years, Turkish online marketplaces were a go-to option for many Azerbaijani shoppers. Lower prices, a wide selection and a weak Turkish lira made...

In Baku, Garages Are Selling for the Price of an Apartment

AZE.US In parts of Baku, a parking space now costs as much as a small apartment. Garage units in central residential complexes are being sold for...

Commercial Iftar Menus Spark Debate During Ramadan In Azerbaijan

AZE.US As Ramadan begins, restaurants across Azerbaijan have launched special “iftar menus,” offering evening meal packages for those breaking their fast. While such offerings have...

Private Kindergartens Expand Beyond Baku – But Are They Affordable In The Regions?

AZE.US Demand for private kindergartens is no longer limited to Baku. In recent years, several regional cities across Azerbaijan have seen a gradual increase in...

Your Money Can Be Stolen via WhatsApp – Police Issues Public Warning

AZE.US Azerbaijan’s Ministry of Internal Affairs has warned citizens about a rise in cyber fraud cases, urging the public to exercise caution when receiving calls...

$590 Per Square Meter: Why Regional Housing Prices Are Catching Up With Baku

AZE.US Apartment prices in several regions of Azerbaijan are approaching levels seen in parts of Baku, raising questions about affordability outside the capital. In cities such...

Tomato, Cucumber and Meat Prices: How Much Does Iftar Cost at Baku’s Markets?

AZE.US As Ramadan begins, many families in Baku are trying to prepare modest iftar tables without overspending. Local markets remain one of the main places...

Property Prices Expected to Rise in These Areas of Baku

AZE.US Homeownership remains a key goal for many citizens in Azerbaijan, but sustained price growth in recent years has made purchasing property increasingly challenging, particularly...

Requirements for Building a Private House: Where to Obtain Permission?

AZE.US An estimated 400,000 to 500,000 individual residential houses in Azerbaijan are either undocumented or cannot be legally registered, according to unofficial data. Against this...

Popeyes Opens First Restaurant In Azerbaijan

AZE.US One of America’s most recognizable fast-food brands has officially entered the Azerbaijani market. The first Popeyes Louisiana Kitchen restaurant in Azerbaijan opened its doors today...

$65,000 for a Small Apartment: Affordable Housing in Baku Is Shrinking

AZE.US Finding affordable housing in Baku is becoming increasingly difficult. Apartments in older Soviet-era buildings - once considered the budget segment of the market -...

Quick Cash, Costly Consequences: The Risks Behind Informal Lending in Azerbaijan

AZE.US Informal lending is gaining visibility across Azerbaijan, particularly in Baku, where social media platforms are increasingly used to advertise “instant cash” with no paperwork,...

Closed Borders Hit Wallets: Who Pays For Azerbaijan’s Isolation Regime

AZE.US Azerbaijan’s decision to keep its land borders closed, first introduced during the pandemic period, is increasingly being felt not just as a security measure...

Demolition Of Small Homes May Shift From Cash Payouts To Apartment Offers

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...

Nuts and Raisins Rise in Price Ahead of Novruz

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...

Azerbaijanis Increase Investment in Overseas Real Estate

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,...

Why Some Property Owners in Azerbaijan Receive a Title Deed – and Others Do Not

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...

Best Investment Options in Azerbaijan in 2026: Deposit, Real Estate, Gold or Taxi Business?

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...

Meat Prices Continue to Rise in Azerbaijan: Why Costs Are Not Returning to Previous Levels

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...

How You Can Lose Your Property Over Someone Else’s Loan in Azerbaijan

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...

71% of Visitors Are Men: Who Is Actually Traveling to Azerbaijan?

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...

Butter Prices Rise in Azerbaijan, Reaching 37 Manats in Some Stores

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...

Consumers Move Online: What Is Happening to Retail Trade in Azerbaijan?

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...

Novruz Puts Pressure on Household Budgets as Nut and Dried Fruit Prices Surge

AZE.US As Azerbaijan prepares for the Novruz holiday, prices for nuts and dried fruits - staples of the traditional праздничная хонча - have climbed sharply,...

Retail and Skilled Labor Overtake Diplomas in Azerbaijan’s Job Market

AZE.US A refrigerator repair technician in Azerbaijan can earn more than a university graduate with a formal diploma, according to Member of Parliament Fazil Mustafa,...

Azerbaijan Clarifies Position on Online Imports After Public Debate

AZE.US Public discussion intensified in Azerbaijan following remarks by Deputy Chairman of the State Customs Committee Guloglan Muradli on electronic commerce. His comments triggered speculation...

Can You Be Banned from Leaving Azerbaijan for Not Paying Property Tax?

AZE.US Property ownership in Azerbaijan comes with more than legal rights - it also creates tax obligations. The property tax, applied to residential and commercial...

Why Does Butter Cost Between 10 and 40 Manats in Azerbaijan?

AZE.US Shoppers in Azerbaijan can find a kilogram of butter priced anywhere from 10 to 40 manats. At first glance, many products appear similar: 82.5%...

Decisions Without Logic? Economist Questions New Car Import Rules in Azerbaijan

AZE.US A new shift in Azerbaijan’s car import policy has drawn criticism from economist Natig Jafarli, who argues that recent government decisions risk undermining efforts...

Why Is Real Estate in Baku Getting More Expensive? Will Prices Continue to Rise

AZE.US Property prices in Baku have been climbing for several years, making real estate one of the most discussed economic issues in Azerbaijan. The increase...

$130 for One Kilogram of Chocolate: Luxury Sweets Spark Debate in Azerbaijan

AZE.US A kilogram of chocolate priced at 222 manats - roughly $130 - has triggered debate in Azerbaijan after shoppers filmed the product at a...

Customs Changes and Car Prices: What’s Happening in the Market

AZE.US Azerbaijan’s decision to cancel several customs exemptions on car imports from January 1, 2026, is beginning to reshape the auto market. The move has...

We Import 76% Of Our Food. This Is A Shame: Former Finance Minister Issues Sharp Criticism

AZE.US Azerbaijan imports 76% of its food products - a figure that former Finance Minister Fikret Yusifov described as “a shame” during an appearance on...

Where Consumers Are Most Often Deceived In Azerbaijan

AZE.US Consumer deception remains a persistent problem in Azerbaijan, affecting a wide range of sectors - from retail and online shopping to automobiles and real...

Livestock Numbers Continue To Decline In Azerbaijan

AZE.US The number of livestock in Azerbaijan continues to decrease, according to the latest official data. As of January 1 this year, the country recorded 2,435,500...

How to Avoid Title Deed Problems: What to Check Before Buying Property in Azerbaijan

AZE.US For many homebuyers in Azerbaijan, receiving the official title deed - known locally as a çıxarış - is the final and most critical step...

Mortgage Pressure Builds as Borrowers Transfer Loan Rights Amid Rising Home Prices

AZE.US Mortgage lending remains one of the primary pathways to homeownership in Azerbaijan, but a growing number of borrowers are transferring their mortgage rights to...

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