IMF forecasts Azerbaijan's unemployment rate to be lower than regional countries

IMF forecasts Azerbaijan
# 12 April 2023 16:40 (UTC +04:00)

The International Monetary Fund (IMF) predicts that the unemployment rate in Azerbaijan in 2023 and 2024 will be 5.8 percent, APA-Economics reports citing the IMF World Economic Outlook.

In 2022, this indicator was 5.9 percent.

According to the document, among the regional countries, the unemployment rate in Armenia is projected at 12.5 percent in 2023 and 13 percent in 2024, while in Georgia - 19.5 and 20.2 percent respectively.

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