15:19 - 3.03.2025

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March 3, Fineko/abc.az. The World Bank (WB) has announced several macroeconomic forecasts regarding Azerbaijan,

ABC.AZ reports that the Bank forecasts that the current account surplus (CAS) of Azerbaijan's balance of payments will decrease over the next five years.

The CAS is projected to be 11.6% of GDP in 2025, 5.4% in 2026, and 3.8% in 2027. The World Bank expects the CAS to fall to 3.6% in 2028 and 3.4% in 2029.

The Bank's analysts forecast a 2.4% economic growth rate in Azerbaijan for 2025-2026, 2.3% in 2027, and 2.2% for 2028-2029. The Bank's inflation forecast is 2.3% for 2025-2026, 2.2% in 2027, and 2% for 2028-2029.

Additionally, the World Bank forecasts a decrease in net foreign direct investment (FDI) in the country over the next five years. The Bank estimates that these investments will amount to 0.9% of GDP in 2025 and 2026, 0.8% in 2027, 0.7% in 2028, and 0.6% in 2029.