Economy

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...

Credit without your knowledge: how scammers take out loans in your name

AZE.US Financial fraud cases involving unauthorized loans are becoming more frequent, with victims discovering debts and bank accounts opened in their names without consent. According to...

How Brokers Push Up Apartment Prices - And Why It Works

AZE.US Baku’s housing market continues to defy basic demand logic. Even as transaction volumes slow and affordability declines, asking prices remain elevated - and in...

Foreign Nationals Increase Property Purchases In Azerbaijan

AZE.US Foreign citizens have significantly increased their activity in Azerbaijan’s real estate market over the past five years, according to official data released by the...

Why Is Imported Mongolian Meat Cheaper Than Azerbaijani Beef?

AZE.US Imported Mongolian beef is gaining ground in Azerbaijan’s retail market due to lower prices, raising questions about production costs, logistics and competitive pressure on...

Apartment Size Discrepancies Raise Legal Questions in Azerbaijan

AZE.US Differences between contractually advertised and officially registered apartment sizes are prompting legal concerns among buyers in Azerbaijan, highlighting the importance of measurement standards and...

Buy or Rent in Baku? Investors and Expats Weigh Returns as Property Prices Rise

AZE.US Rising housing prices, steady rental growth and relatively high deposit rates are reshaping investment calculations in Azerbaijan’s capital, particularly for private investors and expatriates...

Hazardous Substance Found in Imported Palm Oil in Azerbaijan

AZE.US A hazardous substance has been detected in a batch of palm oil imported into Azerbaijan, according to information released following routine food safety monitoring. Authorities...

83% of Cars in Azerbaijan Are Over 10 Years Old - Why the Fleet Isn’t Getting Younger

AZE.US Despite steady growth in the number of vehicles on the road, Azerbaijan’s car fleet remains overwhelmingly old, according to official statistics. The total number of...

Online Trade Faces Tighter Regulation in Azerbaijan, Raising Price Concerns

AZE.US Debate is intensifying in Azerbaijan over possible tighter regulation of online commerce, with critics warning that additional controls could lead to higher consumer prices. The...

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