Volume of GDP in Azerbaijan to exceed USD 50 bln. for first time in last 7 years: IMF

Volume of GDP in Azerbaijan to exceed USD 50 bln. for first time in last 7 years: IMF
# 24 December 2021 14:17 (UTC +04:00)

The volume of nominal GDP in Azerbaijan will exceed USD 50 bln. for the first time since 2014, according to the long-term forecasts of the International Monetary Fund (IMF) on Azerbaijan, APA-Economics reports.

According to this year’s expectations, the volume of nominal GDP in Azerbaijan will constitute USD 52,645 bln.

According to the forecasts, the volume of nominal GDP will be USD 54,725 bln. in the country in 2022, USD 55,975 bln. in 2023, USD 57,604 bln. in 2024, USD 59,556 bln. in 2025, USD 61,797 bln. in 2026.

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