IMF: Azerbaijan's non-oil GDP to increase by 3.6% this year-FORECAST

IMF: Azerbaijan
# 28 April 2022 16:02 (UTC +04:00)

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.