Azerbaijan’s 2026 outlook: Can diversification offset global headwinds [ANALYSIS]

4 December 2025 13:58 (UTC+04:00)

Akbar Novruz

As forecasts pour in from global institutions such as the International Monetary Fund (IMF), the World Bank, and the European Bank for Reconstruction and Development (EBRD), the picture for 2026 is mixed, both globally and for Azerbaijan. While several risk factors remain, recent domestic policy signals and diversification efforts offer room for cautious optimism. International outlooks for 2026 paint a cautious global economic trajectory. Trade tensions, evolving energy markets, and shifting geopolitical dynamics are expected to slow growth in many regions. The Organisation for Economic Co‑operation and Development (OECD) projects global growth of about 2.9 per cent in 2026, tempered by weakening global demand and heightened volatility.

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