WB publishes new indicators of economic growth in Azerbaijan

WB publishes new indicators of economic growth in Azerbaijan Economic growth in Azerbaijan picked up to 9.2 percent year on year (yoy) in November 2021 from 5.8 percent yoy in October
Finance
January 24, 2022 16:27
WB publishes new indicators of economic growth in Azerbaijan

Economic growth in Azerbaijan picked up to 9.2% year on year (yoy) in November 2021 from 5.8% yoy in October, Report informs referring to WB Azerbaijan Monthly Economic Update – January 2022.

In January-November last year, the economy grew by 5.3 percent, as compared to 4.9% at end-October.

“The energy sector grew by 4.4% yoy and the non-energy sectors grew by 11.3% yoy,” reads the document.

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