UN forecasts Azerbaijan's economic growth

UN forecasts Azerbaijan
# 07 January 2024 12:26 (UTC +04:00)

The United Nations declared economic growth forecast in Azerbaijan by 2026, noted in the UN report on the global economy, APA-Economics reports.

The UN forecasts the gross domestic product (GDP) growth in Azerbaijan for 2024 will be 2,6%, and 2,8% for 2025. According to the report, economic growth in Azerbaijan for 2023 was 0,7%.

According to UN forecasts, the average annual inflation in Azerbaijan will decrease to 5.9% in 2024, and to 3.9% in 2025.

It should be noted that according to the latest indicators released by the State Statistics Committee of Azerbaijan, economic growth in Azerbaijan in January-November 2023 was 0.8%, and inflation was 9.4%.

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