European Bank for Reconstruction and Development (EBRD) forecasts that the gross domestic product (GDP) in Azerbaijan will increase by 4,5% in real terms in 2022, APA-Economics reports citing the May edition of the EBRD's Regional Economic Prospects report.
According to the information, this is 1,3% more in comparison to the November forecast of the previous year, and 0,5% less in comparison to the March forecast of this year.
In accordance with the report, EBRD has forecasted that GDP will increase by 2,5% in real terms in 2023.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on Facebook
Follow us on Twitter
