ADB updates forecasts on GDP growth rate in Azerbaijan

ADB updates forecasts on GDP growth rate in Azerbaijan
  • Clock-gray 11:13
  • calendar-gray 25 September 2019

Asian Development Bank has updated forecasts on GDP growth rate in Azerbaijan for 2019-2020, APA-Economics reports citing the report of ADB.

ADB has forecasted that Azerbaijani economy will increase by 2.5% in April of the current year, however, GDP growth rate is predicted to constitute 2.6% at the end of the year according to the new report. In 2020 this indicator is forecasted to be 2.4%, however, the bank has forecasted that the economy of Azerbaijan will increase by 2.7% according to the previous report.

 

Nijat Mustafayev

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