EBRD: Azerbaijan's GDP to increase by 4,5% in 2022

EBRD: Azerbaijan
# 10 May 2022 16:25 (UTC +04:00)

European Bank for Reconstruction and Development (EBRD) forecasts that the gross domestic product (GDP) in Azerbaijan will increase by 4,5% in real terms in 2022, APA-Economics reports citing the May edition of the EBRD's Regional Economic Prospects report.

According to the information, this is 1,3% more in comparison to the November forecast of the previous year, and 0,5% less in comparison to the March forecast of this year.

In accordance with the report, EBRD has forecasted that GDP will increase by 2,5% in real terms in 2023.

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