EBRD gives positive forecast on Azerbaijan: GDP to grow by 5%

15:21 - 31.03.2022


March 31, Fineko/abc.az. The European Bank for Reconstruction & Development (EBRD) has improved the forecast of economic growth on Azerbaijan for 2022.

ABC.AZ reports that this year the country's GDP growth rate is expected to reach 5%. This indicator exceeds the previous (November) forecast by 1.8 percentage points.

Azerbaijan's GDP growth is projected at 2.5% in 2023.