Samir Sharifov: GDP growth rate in Azerbaijan projected to reach 5.5% in 2022

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%."