Tuesday, 02 January 2024 12:17 GMT

IMF Expects Moderate GDP Growth For Azerbaijan In 2025-26


(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 22. Azerbaijan's economic growth is expected to moderate over the next two years, according to the latest forecast from the International Monetary Fund (IMF), Trend reports.

As such, the country's real GDP is projected to grow by 3.5 percent in 2025, followed by a further slowdown to 2.5 percent in 2026. This comes after an estimated growth rate of 4.1 percent in 2024.

The revised outlook reflects a gradual easing of economic momentum following the post-pandemic recovery period.

Meanwhile, official data shows that Azerbaijan's GDP reached 29.8 billion manat ($17.5 billion) in the first quarter of 2025, representing a modest year-on-year increase of 0.3 percent.

MENAFN27042025000187011040ID1109478864


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search