Baku, Azerbaijan, Oct. 13
By Azad Hasanli – Trend:
Azerbaijan’s GDP may reach 98.91 billion manats in 2022, according to statistical data released by the International Monetary Fund (IMF).
According to the IMF, in USD terms, Azerbaijan’s GDP will reach $58.182 billion. The IMF expects that this year the country’s GDP will be 66.652 billion Azerbaijani manats ($39.207 billion).
Thus, in five years, Azerbaijan’s economy will grow 48.4 percent.
The IMF forecasts on Azerbaijan’s GDP:
Azerbaijan’s GDP |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
In billion AZN |
66.652 |
72.783 |
78.542 |
84.675 |
91.315 |
98.91 |
In billion USD |
39.207 |
42.813 |
46.201 |
49.809 |
53.715 |
58.182 |
In percent |
-1.04 |
1.287 |
2.971 |
2.61 |
2.96 |
3.1 |
1.7003 AZN = 1 USD on Oct. 13