Samir Sharifov: GDP growth rate in Azerbaijan projected to reach 5.5% in 2022
Finance
- 20 June, 2022
- 07:47
Add Report.az to preferred Google sources
Stay up to date with the top news!
By the end of this year, Azerbaijan's gross domestic product (GDP) is projected to reach 115.4 billion manats ($67.9 billion) in nominal terms, with a real growth rate of 5.5%, Finance Minister Samir Sharifov said at a meeting of the Parliamentary Committee on Economic Policy, Industries and Enterprising, Report informs.
According to him, non-oil GDP may increase to 65.7 billion manats ($38.6 billion) in nominal terms:
"At that time, the average annual inflation in Azerbaijan is expected to be 12.5%."
Latest News
10:50
Ismayilzada: Highly qualified specialists to be trained for agrarian sector
AIC
10:48
President Ilham Aliyev highlights problems in enforcement of international law from CICA platform — OPINION
Foreign policy
10:34
FAO, Azerbaijan study natural resource base in liberated territories
AIC
10:33
IsDB, WB to expand co-financing of development projects in member countries
Finance
10:29
Azeri Light crude falls over $5 per barrel
Energy
10:12
Azerbaijan's investment expenditures to nearly double in 2027
Finance
10:11
Iranian President Masoud Pezeshkian visiting Yerevan
Region
10:08
WB mobilizes around $100M in private capital in Azerbaijan in fiscal year 2026
Finance
10:02
SLB, BP ink deal for seismic data processing at Karabakh field in Caspian Sea
Energy