Azerbaijan's central bank predicts 2024 GDP growth at 3.5-4%

The Central Bank of Azerbaijan (CBA) predicts the growth rate of the gross domestic product (GDP) in Azerbaijan at 3.5–4% this year, Taleh Kazimov, chairman of the CBA, said at a press conference, Report informs.

The chairman noted that economic growth is expected to be 3% next year.

Kazimov added that the growth in non-oil GDP in 2024 is forecast at 5.5%, and in 2025 at 5-6%.