Bank Of Baku

IMF: GDP nominal volume will be $ 52.2 bln in Azerbaijan, this year

IMF: GDP nominal volume will be $ 52.2 bln in Azerbaijan, this year
# 27 October 2010 12:35 (UTC +04:00)
According to outlook GDP nominal volume will be $ 52.2 bln, this year, $57.9 bln in 2011.

IMF also forecasts the growth rate of GDP to be 4.3% in 2010, 1.8% in 2011: “In 2011 Azerbaijan’s oil GDP will drop by 1.3% against 3% growth in 2010. At that, growth of non-oil GDP will slow down as well: from 5.6% in 2010 to 5% in 2011.”
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