• Contact: [email protected]
  • About
  • News
Logo
  • News
  • About us
    • Goals and History
    • Strategy management and documents
    • Organizational Structure
    • Staff
    • Advisory and Management Board
    • Contact
  • Research areas
    • Current research
    • Past research
  • Reports
    • Research report
    • Program report
    • Annual reports
  • Publications
    • Macroeconomy
    • Finance
    • Social
    • Energy
  • Events
    • Round tables
    • Final conference
    • Trainings
  • Partners
    • Donors
    • Networks
    • Subcontractor

  • ERC
  • 2025-02-07

Economic Overview of 2024: Trends and Challenges

Gubad Ibadoghlu, a senior policy analyst at the Economic Research Center

Abstract

In this paper, an analysis of Azerbaijan's economic and social performance in 2024 is presented, highlighting key trends and challenges. The discussion covers macroeconomic indicators, sectoral contributions, investment dynamics, regional disparities, and issues related to transparency and data credibility. By examining these aspects, the paper provides a comprehensive overview of the country's economic landscape, identifying emerging opportunities and persistent obstacles to sustainable development.

Keywords: Azerbaijan, macroeconomic indicators, 2024, GDP growth, sectoral contributions, investments, employment, regional economic disparities, Inflation, unemployment, poverty

Download pdf file

About us

  • Goals and History
  • Strategy Management and Documents
  • Organizational Structure
  • Staff
  • Advisory and Management Board
  • Contact

Other news

  • Thumb
    Diminishing Returns: Capital Efficiency and Azerbaijan's Oil Revenue Decline
    2026-09-01 - By ERC
  • Thumb
    Exporting Gas, Exporting Emissions: The Externalization of Climate Costs through the Southern Gas Corridor
    2026-08-07 - By ERC
  • Thumb
    Assessing Methane Emissions Policy and Climate Commitments in Azerbaijan's Hydrocarbon Economy
    2026-06-11 - By ERC


About

Economic Research Centre (ERC) is a policy research oriented think tank established in 1999. The Center is conducting regular research on macro-economic policy, including conceptual definitions, calculation, and modeling of alternative macro-economic indicators.

  • Email [email protected]

  • Office Azerbaijan, Baku

About us

  • Goals and history
  • Strategy Management And Documents
  • Organizational Structure
  • Staff
  • Advisory and Management Board
  • Contact

Report and Publications

  • Research report
  • Program report
  • Annual reports
  • Macroeconomy
  • FInance
  • Social

News and events

  • News
  • Round tables
  • Final conference
  • Trainings
  • FInance
  • Social