WB has improved forecast on economic growth in Azerbaijan

11:42 - 6.10.2021

October 6, Fineko/abc.az. Following this year, the value of Azerbaijan’s GDP is expected to exceed the results of last year by 5%, ABC.AZ reports with reference to World Bank’s updated report on the countries of Europe and Central Asia.

In the June’s report the WB stated that economic growth of 2.2% is expected in Azerbaijan in 2021.

The WB predicts that Azerbaijan's economy will grow by 3.1% in 2022 and by 2.7% in 2023. This is by 0.8% and 0.7% less than in June.

 

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