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Azerbaijan’s economy, which lagged last year due to a coronavirus pandemic, will grow 2.4% this year, Report informs, citing S&P Global Ratings.
In 2022-2023, the GDP will grow by 4.7% on average.
Azerbaijani government forecasts 3.4% growth in GDP in 2021, 4.8% in 2022. Reduction in oil output due to the COVID restrictions and OPEC+ agreements, the GDP fell 4.3% in 2020.
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https://report.az/en/finance/s-p-azerbaijan-to-see-4-7-growth-on-average-in-gdp-in-next-two-years/