According to updated forecasts of the International Monetary Fund (IMF), Azerbaijan's non-oil GDP will increase by 3.6% this year, it has been recorded in the April publication of Regional Economic Outlook report of the IMF on the Middle East and Central Asia, APA-Economics reports.
Non-oil GDP is forecasted to increase by 2.5% in 2023.
Besides, the forecast the nominal volume of GDP in Azerbaijan in the current year in the amount of USD 73.4 bln., while in the next year amount of USD 72.9 bln.