Volume of nominal GDP will be AZN 101,246 bln. in Azerbaijan at the end of 2025, according to long-term forecasts of the International Monetary Fund (IMF), APA-Economics reports.

According to the forecasts, the volume of nominal GDP will be AZN 93,032 bln. in 2022, AZN 95,158 bln. in 2023, and will reach AZN 97,927 bln. in 2024. However, according to short-term expectations, the volume of nominal GDP in the country will constitute AZN 89,496 bln.

Note that according to the forecasts of Azerbaijan’s Ministry of Economy, the volume of nominal GDP in Azerbaijan will be AZN 86,582 bln. in 2022, AZN 93,186 bln. in 2023, AZN 98,944 bln. in 2024, and AZN 103,654 bln. in 2025.

Source: Azeri-Press News Agency