S&P Global Ratings international rating agency forecasted that unemployment in Azerbaijan will decrease by 2025, APA-Economics reports citing the agency.

According to the forecast, unemployment in the country will be 5.0% in 2022 (5.7% in 2021) and 4.9% in 2023.

The unemployment rate in Azerbaijan will be 4.7% in 2024 and 2025.

Source: Azeri-Press News Agency