Azerbaijan to earn more than $56 bn in coming years
- 05 November 2021
Azerbaijan's total exports in the oil & gas sector in 2022-25 are projected at the level of $56.4 bn.
banks.az reports that this is indicated in the concept of economic and social development and forecast indicators of the State Budget of Azerbaijan for 2022 and the next three years.
According to the forecast, in 2022-24 country's oil & gas sector exports will gradually increase, and in 2025 – slightly decrease. Thus, it is predicted that in 2022 this figure will amount to $13.395 bn, in 2023 – $14.305 bn, in 2024 – $14.556 bn, and in 2025 – $14.14 bn.
- Tags:
- economy
- oil