Volume of GDP will exceed AZN 100 bln. in Azerbaijan this year-SandP

According to the expectations of SandP Global Ratings, according to the finals of this year, nominal GDP in Azerbaijan will constitute AZN 103 bln, APA-Economics reports citing the Agency.

The volume of nominal GDP in Azerbaijan will be AZN 101 bln. in 2023, AZN 99 bln. in 2024, and again AZN 103 bln. in 2025.

Note that according to the latest forecast of the International Monetary Fund, the volume of nominal GDP in Azerbaijan will exceed AZN 100 bln. only in 2025 and will make up AZN 103,7 bln. And also according to the forecasts of Azerbaijani government, the volume of nominal GDP in the country will exceed AZN 100 bln. in 2025.

Source: Azeri-Press News Agency