Moody’s: Azerbaijan’s economy to grow 2% in 2019

Thu 22 Feb 2018 07:10 GMT | 11:10 Local Time

Text size: bigger smaller

Economic growth in Azerbaijan will make up 1.5% in 2018, 2% in 2019, Moody’s reported.

‘According to preliminary estimates, Azerbaijan's economy expanded 0.1% in 2017 we expect that inflation will stabilize at around 5-6% as confidence in the stability of the exchange rate grows’, the agency said.

The agency also said that surplus in balance of payment will be equal to 2.3% of GDP in 2018, 3.8% in 2019. 




Most read articles

More from Economy

In The Region

Editor's Picks

Azerbaijan Cuisine

Explore the food of Azerbaijan - from sherbet to succulent kebab, from baklava to fragrant pilaff

Follow us

Find us on Facebook

Real estate

Virtual karabakh