Baku: The international rating agency "Moody's" has updated its economic growth forecast for Azerbaijan, APA-Economics reports. The agency has predicted a 3% growth rate in real GDP in Azerbaijan in 2026.

According to Azeri-Press News Agency, "Moody's" expects the Azerbaijani economy to grow by 2.5% in 2027. It should be noted that the rating agency had previously set economic growth for 2025 at 1.5%. In other words, the agency's expectations for the current year are more positive than those of other foreign financial institutions and organizations.