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Friday September 26 2025

Azerbaijan rises from conflict to economic powerhouse [ANALYSIS]

26 September 2025 14:01 (UTC+04:00)
Azerbaijan rises from conflict to economic powerhouse [ANALYSIS]
Qabil Ashirov
Qabil Ashirov
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Behind this political and military victory lies an economic miracle. Over the past 30 years, Azerbaijan’s GDP has grown more than 160 times, an extraordinary achievement almost unseen elsewhere in such a short timeframe. Between 1995 and 2024, exports rose 211 times, from $123 million to $26 billion, while non-oil and gas exports alone expanded 28 times to reach...

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