On October 14, the International Monetary Fund (IMF) projected that Azerbaijan’s economic growth would slow to 3% in 2025 from 4.1% in 2024, according to its October review titled "Global Economy in Flux, Prospects Remain Dim". The report indicated a 0.5 percentage point decline compared to the IMF’s April forecast. According to the updated projections, Azerbaijan’s GDP is expected to grow by 2.5% in both 2026 and 2030, with no revisions for next year relative to previous estimates.

The IMF also forecasted that Azerbaijan’s current account surplus would reach 4.3% of GDP in 2025. However, the surplus is expected to fall to 2.3% in 2026, and by 2030, the country may face a deficit of 0.8% of GDP. Compared to the April forecast, projections for 2025 were revised downward by 3.5 percentage points, and for 2026 by 1.8 percentage points. Among South Caucasus states, Azerbaijan is expected to be the only country maintaining a current account surplus during 2025–2026. Armenia’s current account deficit is forecasted at 4.7% of GDP in both 2025 and 2026, and 4.3% in 2030, while Georgia’s respective figures are projected at 4.5%, 4.6%, and 4.9% of GDP.