Fitch Solutions reveals its forecast for current account surplus in Azerbaijan

Fitch Solutions reveals its forecast for current account surplus in Azerbaijan
# 05 February 2024 11:52 (UTC +04:00)

The current account surplus in Azerbaijan in 2023 was set at 26.7% of the gross domestic product (GDP), according to the report by Fitch Solutions (FS), a company by Fitch Group, APA-Economics reports.

FS forecasted the share of current account surplus in GDP at 23,8% for 2024 and at 20,9% for 2025.

Governor of the Central Bank of the Republic of Azerbaijan Taleh Kazimov noted that the current account surplus for 2023 is around USD 9-10 billion.

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