The World Bank has improved its forecast for economic growth in Azerbaijan in 2024, APA-Economics reports citing World Bank's report on the economic prospects of Europe and Central Asia.
Compared to the June forecast, the Bank increased the real GDP growth forecast in Azerbaijan by 0.9 percentage points to 3.2%. The World Bank has increased the economic growth forecast for 2025 by 0.3% to 2.7%, and for 2026, it has again determined 2.4% without changing its forecast.