IMF: Azerbaijan’s economy to grow by 3.4% this year
Finance
- 10 April, 2019
- 05:21
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Real economic growth in Azerbaijan will be 3.4% this year, 3.1% in 2020 and 1.7% in 2024, Report informs citing IMF World Outlook.
According to the outlook, this figure was 1.4% in 2018.
‘Inflation made up 2.3% in 2018. It will be 2.5% in 2019-2020, 3% in 2024’, the IMF said.
IMF also says that current account balance will be 11.7% in 2019, 13.3% in 2020 and 12.8% in 2024, while it was 12.6% in 2018.
Unemployment level will remain unchanged at 5%.
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