Based on the forecast given by the World Bank for Azerbaijan, the GDP growth rate in the country will be 2.2% in 2021 and 2.4% in 2022, "APA-Economics" reports citing the bank.
In the previous forecast of the World Bank published in the beginning of the year, the mentioned indicators were 2.1% for 2021 and 2.2% for 2022.
Note that the bank forecasts for this year reduction of economy in Azerbaijan by 0.2%. And in the beginning of the year, the World Bank forecasted the GDP growth rate in the country at the level of 2.3%.