EBRD predicts growth of Azerbaijan economy

11:04 - 4.11.2021


November 4, Fineko/abc.az. The forecast of the European Bank for Reconstruction & Development (EBRD) has been updated. 

ABC.AZ informs that according to the forecast, Azerbaijan's economy will grow by 4% this year.

According to the Bank's report Regional Economic Prospects, in 2022 the country's GDP growth rate will be 3.2%.
EBRD's June forecast says that Azerbaijan's economy will increase by 2% this year and by 0.7% next year. 
In 2020, the country's economy shrank by 4.3%.