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IMF forecast on Azerbaijan’s five-year GDP

Business Materials 13 October 2017 19:57 (UTC +04:00)

Baku, Azerbaijan, Oct. 13

By Azad Hasanli – Trend:

Azerbaijan’s GDP may reach 98.91 billion manats in 2022, according to statistical data released by the International Monetary Fund (IMF).

According to the IMF, in USD terms, Azerbaijan’s GDP will reach $58.182 billion. The IMF expects that this year the country’s GDP will be 66.652 billion Azerbaijani manats ($39.207 billion).

Thus, in five years, Azerbaijan’s economy will grow 48.4 percent.

The IMF forecasts on Azerbaijan’s GDP:

Azerbaijan’s GDP

2017

2018

2019

2020

2021

2022

In billion AZN

66.652

72.783

78.542

84.675

91.315

98.91

In billion USD

39.207

42.813

46.201

49.809

53.715

58.182

In percent

-1.04

1.287

2.971

2.61

2.96

3.1

1.7003 AZN = 1 USD on Oct. 13

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