Bank Of Baku

ING improves Azerbaijan's economic growth forecast

ING improves Azerbaijan
# 05 December 2024 14:32 (UTC +04:00)

The Dutch international banking and financial services corporation ING (Internationale Nederlanden Groep) has increased its economic growth forecast for Azerbaijan for 2024, APA-Economics reports.

According to the report, ING has increased its GDP growth forecast for Azerbaijan in 2024 by 0.7 percentage points to 4.2%.

The corporation announced that it is forecasting economic growth of 2.6% for 2025 and 2% for the fourth quarter of 2026.

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