10:59 - 12.01.2022
January 12, Fineko/abc.az. The World Bank forecasts Azerbaijan's GDP growth rate at 3.1% in 2022 and 2.7% in 2023, ABC.AZ reports with reference to the WB Global Economic Outlook for 2022.
Azerbaijan's gross domestic product (GDP) will increase by 3.1% this year, and by 2.7% in 2023, ABC.AZ informs, quoting from the World Bank (WB)
The June issue of the WB Global Economic Outlook for 2021 forecasts that the Azerbaijani economy will grow by 3.9% this year and 3.4% next year. This is 0.8% and 0.7% less than the latest forecasts, respectively.
“The growth in Azerbaijan is expected to slow on the forecast horizon, but is expected to remain above the 2010-2019 average rate, supported by expansion in the non-energy sector, increased public investment and stable energy sector growth in line with OPEC+ quotas and high natural gas production,” the WB Economic Outlook says.
The growth in the South Caucasus is projected to be moderate at 3.9% in 2022 and 3.6% in 2023.
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
26 April 2024
25 April 2024
25 April 2024
25 April 2024
25 April 2024
25 April 2024
25 April 2024
25 April 2024
24 April 2024
25 April 2024
24 April 2024
24 April 2024