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Surplus of 24% of GDP is expected in Azerbaijan's current account-FITCH

Surplus of 24% of GDP is expected in Azerbaijan

07 April 2022 17:03 (UTC +04:00)

According to updated outlook of the Fitch Ratings, surplus of current account of Azerbaijan's balance of payment will make up 23.7% of GDP, APA-Economics reports citing the Agency.

It is 15.8% more than the December forecast. It is noted that as an energy exporter, Azerbaijan will benefit from high prices and demand which will strengthen the country's foreign buffers.

Mirsaid İbrahimzade

Surplus GDP Azerbaijan's current account

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