BAKU, Azerbaijan, April 23. Azerbaijan plans to significantly increase the investment volume in its capital markets in 2026, with individual investors projected to contribute up to 1 billion manat ($588.2 million).
Data obtained by Trend from the execution status of the "Financial Sector Development Strategy for 2024-2026," released by the Central Bank of Azerbaijan (CBA), indicates that the country is targeting a substantial rise in investments.
In 2023, individual investments in the capital market reached 150 million manat ($88.2 million), while in 2024, the target was set at 300 million manat ($176.4 million), with an expected actual amount of 296 million manat ($174.1 million). This year, the target is to increase the investment figure to 600 million manat ($352.9 million).
In addition, the number of individual deposit accounts is set to reach 50,000, and the share of the capital market in the non-oil GDP is expected to grow to 14 percent. Digital transactions in the market are forecasted to account for 70 percent of total operations, while financing of real sector companies through debt capital markets is projected to reach 1.5 billion manat ($882.3 million).
The strategy for developing capital markets aims to strengthen their role in Azerbaijan's financial system and contribute to economic growth. Key objectives include enhancing market infrastructure, building trust and resilience, expanding access to markets, and diversifying investment instruments.
