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EBRD predicts growth of Azerbaijan economy

    • Research
    • Finance
  • 04 November 2021

The forecast of the European Bank for Reconstruction & Development (EBRD) has been updated. 

banks.az informs that according to the forecast, Azerbaijan's economy will grow by 4% this year.

According to the Bank's report Regional Economic Prospects, in 2022 the country's GDP growth rate will be 3.2%.
EBRD's June forecast says that Azerbaijan's economy will increase by 2% this year and by 0.7% next year. 
In 2020, the country's economy shrank by 4.3%.

  • Tags:
  • economy
  • Registry:
  • European Bank for Reconstruction and Development

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