The World Bank has revised its economic growth forecast for Azerbaijan, the January edition of the bank's "Global Economic Prospects" report says, APA reports.
Compared to its June forecast, the World Bank in January improved Azerbaijan's economic growth forecast for 2025 to 2.7%.
This is 0.3 percentage points higher than the previous forecast. The bank's analysts predicted 2.4% economic growth in Azerbaijan in 2026.
Azerbaijan's economy grew by 4% in 2024, exceeding the World Bank's forecast by 1.7 percentage points.