IMF expects surplus of 37% of GDP in Azerbaijan's current account

IMF expects surplus of 37% of GDP in Azerbaijan
# 19 April 2022 17:25 (UTC +04:00)

The International Monetary Fund (IMF) expects a surplus of 37.2% of GDP in the current account of Azerbaijan's balance of payments this year, APA-Economics reports citing the April issue of World Economıc Outlook report.

This indicator is expected to shrink up to 28,5% of GDP in 2023.

Note that according to the latest forecasts of the Asian Development Bank, this year, the share of the country's current account surplus in GDP will increase by up to 20.2%. According to the forecast of the World Bank, this indicator will reach 23% of GDP.