Fitch Reports On Azerbaijan's Economic Growth Forecasts For 2025
Date
1/18/2025 1:21:20 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 18. Fitch Ratings
forecasts Azerbaijan's GDP growth to be at three percent in 2025
and 2.4 percent in 2026.
The data obtained by Trend from the rating agency showed that GDP
growth in 2024 is estimated at 4.1 percent due to the restoration
of Karabakh.
Meanwhile, the World bank forecasts Azerbaijan's GDP growth at
2.7 percent in 2025 and 2.4 percent in 2026.
To note, the Ministry of Economy of Azerbaijan forecasts the
country's GDP growth at 3.5 percent in 2025 and 2.8 percent in
2026; the European Bank for Reconstruction and Development
forecasts Azerbaijan's real GDP growth at 2.7 percent in 2025,
while the Asian Development Bank forecasts Azerbaijan's GDP growth
rate at 2.6 percent in 2025, ING at 2.6 percent in 2025 and 2.8
percent in 2026.
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