Azerbaijan's GDP growth rate exceeds global average

15:53 - 11.02.2025


February 11, Fineko/abc.az. Azerbaijan's GDP growth rate exceeds the global average, ABC.AZ informs, quoting Vusal Gasimli, the executive director of the Center for Analysis of Economic Reforms & Communications.

He noted that the country has been awarded an investment rating (from Fitch), as well as the fact that the net external creditor position exceeds 150% of GDP, and net state assets exceed 70% of GDP.

According to Gasimli, these indicators create opportunities for attracting investments and developing innovations.

In 2024, Azerbaijan produced GDP of 126.3 billion manats.

Last year, Azerbaijan's GDP growth made up 4.1%. Azerbaijan's GDP growth is projected at 3.5% in 2025.

The World Bank estimates that global GDP growth will be 2.7% in 2024.