Azerbaijan Reports Economic Growth and Record Transit Trade

Azerbaijan's economy grew in the first seven months of 2026, with state budget revenues reaching $13.9 billion and strategic currency reserves approaching $87 billion by August. Non-oil exports rose 18.3% to $2.5 billion in January-July, while industrial production gained a foothold. Transit freight transport hit a five-year high as the country outlined digital and transport reforms for the Middle Corridor.