Economy

Economy

How Much Can You Earn on YouTube in Azerbaijan? Calculations and New Rules

AZE.US -
YouTube's 2027 monetization changes and Azerbaijan's tax rules reshape the calculations for creators. Here is what the thresholds, sample earnings and mandatory payments mean.
Economy

Rising Overdue Loans May Push Azerbaijan Banks to Tighten Lending

AZE.US -
Experts say the rapid rise in overdue debt could lead Azerbaijani banks to scrutinize borrowers more closely and delay interest-rate reductions.
Economy

Siemens Energy Joins Work on Green Power Corridor Through Azerbaijan

AZE.US -
Siemens Energy and Green Corridor Alliance signed a memorandum to explore power-transmission and consulting cooperation for the Central Asia-Azerbaijan green energy corridor.
Economy

Baku Halts One-Manat Shared Taxis Near Major Metro Hub

AZE.US -
Baku commuters are protesting the suspension of unlicensed one-manat shared taxis near 20 January metro, saying buses are crowded and alternatives cost more.
Economy

Azerbaijan’s 2027 Minimum Wage Increase Could Affect More Than 700,000 People

AZE.US -
A planned 2027 minimum-wage increase could affect more than 700,000 people in Azerbaijan, lawmaker Vugar Bayramov says, while the new rate and effective date remain undecided.
Economy

Aliyev Raises Azerbaijan Transit Target to 30 Million Tons

AZE.US -
President Ilham Aliyev raised Azerbaijan’s medium-term transit freight target to 30 million tons and said nearly 9 billion manats is planned for defense and security in the 2027 budget.
Economy

Russia Proposes Restoring Rail Links From Armenia to Nakhchivan and Türkiye

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MOSCOW - Russia has proposed that Armenia restore two railway sections near its borders with Azerbaijan’s Nakhchivan exclave and Türkiye, Russian Deputy Prime Minister...
Economy

Aliyev Gives Baku Metro Authority Over Passenger Cableways

AZE.US -
BAKU, Azerbaijan - President Ilham Aliyev has expanded Baku Metro’s responsibilities to include the construction and operation of passenger cableways, as well as oversight...
Economy

Azerbaijan Opens Draft Agriculture Law for Public Consultation

AZE.US -
BAKU, Azerbaijan - Azerbaijan has opened a draft law on the agrarian sector for public consultation, outlining 32 responsibilities for the state and a...
Economy

Middle Corridor Growth Surges as Caspian Retreats 56 Kilometers

AZE.US -
The Middle Corridor’s rapid expansion is strengthening Azerbaijan’s transit role, but the Caspian Sea’s retreat threatens shipping capacity and operating costs.
Economy

Azerbaijan Central Bank Reserves Rise to $15.36 Billion

AZE.US -
The Central Bank of Azerbaijan’s official foreign-exchange reserves reached $15.363 billion as of Oct. 1, up 35.8% from a year earlier.
Economy

Aliyev Says Azerbaijan Has Spent 28 Billion Manats Rebuilding Karabakh and East Zangezur

AZE.US -
President Ilham Aliyev said 96,000 people now live, work or study in Karabakh and East Zangezur, where reconstruction spending has reached 28 billion manats.
Economy

Azeri Light Jumps 4.6% to $124.76 a Barrel

AZE.US -
Azeri Light crude rose $5.50, or 4.6%, to $124.76 a barrel, nearly 92% above the oil-price assumption in Azerbaijan’s 2026 state budget.
Economy

SOCAR Completes 3D Seismic Survey Across 247.6 Square Kilometers of Gunashli

AZE.US -
SOCAR completed its first 3D ocean-bottom-node seismic survey in the Caspian Sea, covering 247.6 square kilometers of the shallow-water Gunashli field.
Economy

SOFAZ’s NVIDIA Holding Reaches $817 Million as Equity Portfolio Rises to $18 Billion

AZE.US -
The State Oil Fund of Azerbaijan’s developed-market equity portfolio rose 9.1% in the first half of 2026, with NVIDIA remaining its largest individual holding.
Economy

Russia Ready to Finance North-South Corridor Through Azerbaijan, Putin Says

AZE.US -
President Vladimir Putin says Russia is ready to provide credit financing for the North-South corridor, while unfinished work remains on the Iranian section.
Economy

Baku-Tbilisi Train Service to Expand to Four Daily Trips Nov. 1

AZE.US -
BAKU - Passenger rail service on the Baku-Tbilisi-Baku route will expand to four daily departures from Nov. 1, increasing available seats from 386 to...
Economy

Azerbaijan and Central Asia Target $20 Billion in Regional Trade

AZE.US -
BAKU - Azerbaijan and the countries of Central Asia are aiming to raise regional trade to $20 billion and establish joint production under a...
Economy

Spotify and TikTok Register to Pay VAT Directly in Azerbaijan

AZE.US -
Spotify and TikTok have registered for VAT in Azerbaijan, shifting responsibility for calculating and paying the tax from banks to the digital platforms.
Economy

World Bank Group Plans $1.2 Billion for Middle Corridor by July 2027

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The World Bank Group plans to commit $1.2 billion more to the Middle Corridor by July 2027 as investment needs through 2040 exceed $55 billion.
Economy

Türkiye’s BIST 100 Plunges 16.65% in Worst Month Since 2008

AZE.US -
Türkiye's benchmark BIST 100 index fell 16.65% in September, entered a bear market and recorded its worst month since 2008.
Economy

Trans-Caspian Internet Cable Expected to Launch Within a Month

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A fiber-optic link between Azerbaijan and Kazakhstan is expected to begin operating within a month, Economy Minister Mikayil Jabbarov says.
Economy

Azerbaijan Launches Unified Business and Export Agency

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Azerbaijan has launched a unified agency to support small and medium-sized businesses, attract investment and promote non-oil exports.
Economy

Greece Receives 700 Million Cubic Meters of Azerbaijani Gas

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Azerbaijan supplied Greece with about 700 million cubic meters of natural gas in the first eight months of 2026 as the two countries discussed deeper energy cooperation.
Economy

SOCAR to Take 50% Stake in Planned 500 MW Serbian Power Plant

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SOCAR will hold 50% of a joint venture preparing a 500 MW combined-cycle power plant in Niš, Serbia.
Economy

Azerbaijan Replaces Annual Transfer Threshold With 50,000-Manat Monthly Rule

AZE.US -
Azerbaijan has replaced a planned 20,000-manat annual electronic-transfer threshold with a 50,000-manat monthly rule starting Jan. 1, 2027.
Economy

Gran Tierra to Take 65% Operating Stake in New SOCAR Energy Project

AZE.US -
Gran Tierra Energy will operate a new oil and gas exploration project in Azerbaijan’s Quba-Caspian region with a 65% stake.
Economy

BP Boosts Central Azeri Gas Injection Capacity by 20%

AZE.US -
BP has completed the CAGE project at the Central Azeri platform, increasing gas reinjection capacity by 20%.
Economy

Azerbaijan and China Create $1 Billion Joint Investment Fund

AZE.US -
Azerbaijan Investment Holding and China's Silk Road Fund are creating a 7.5 billion yuan investment vehicle for projects in Azerbaijan and Belt and Road countries.
Economy

Azerbaijan Sets 20,000-Manat Annual Transfer Reporting Threshold

AZE.US -
From Oct. 1, financial institutions must report subsequent electronic transfers after a customer's annual total reaches 20,000 manats.
Economy

221 Million Manat Textile Cluster to Create 2,300 Jobs in Mingachevir

AZE.US -
A 221 million manat textile complex planned for Mingachevir Industrial Park is expected to create 2,300 jobs and produce 11 million shirts a year.
Economy

Azerbaijan Parliament Reapproves 20-Year Tax Breaks for Tech Workers

AZE.US -
Azerbaijan’s parliament reapproved a technology-sector incentives package that would provide 20 years of zero income tax for eligible technology-park employees beginning in 2027.
Economy

Azerbaijan Finance Ministry Places 87 Million Manats in Banks at 6.5%

AZE.US -
Azerbaijan’s Finance Ministry placed 87 million manats of temporarily available treasury funds in commercial banks in September at a weighted average annual rate of 6.5%.
Analysis

Trump Entrusts AI Oversight to the Companies Profiting From It

AZE.US -
Voluntary AI-safety promises cannot substitute for enforceable, risk-based rules when commercial incentives conflict with public protection.
Economy

Azerbaijan Bread Prices Could Rise as VAT Exemption Expires

AZE.US -
Bread prices could face upward pressure after January 1, 2027, if Azerbaijan does not extend its VAT exemption for wheat, flour and bread.
Economy

Baku Traffic Congestion May Cost Commuters 900 Manats a Year

AZE.US -
A rush-hour commuter in Baku could lose about 153 hours a year in traffic, time valued at roughly 900 manats under one economic scenario.
Economy

Chinese Cars Win Azerbaijani Buyers With Price and Comfort

AZE.US -
Chinese brands are gaining ground in Azerbaijan as buyers prioritize price, equipment, efficiency and plug-in hybrid technology.
Economy

Azerbaijan’s Top 10 Private Exporters Generate $697 Million

AZE.US -
Azerbaijan’s 10 largest private non-oil exporters generated $697.1 million in January-August 2026, more than double the year-earlier total.
Economy

Slovakia Plans Direct Azerbaijan Flights and Long-Term Gas Supplies

AZE.US -
Slovakia says direct flights to Azerbaijan are expected soon as the two countries seek a stable, long-term arrangement for Azerbaijani gas supplies.
Economy

Azerbaijan to Host AIIB Annual Meeting in 2027

AZE.US -
Azerbaijan has been selected to host the Asian Infrastructure Investment Bank’s 12th annual meeting in 2027.
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