The real GDP growth in Azerbaijan was forecasted at 4.7% this year, the Asian Development Bank (ADB) reports.
The report identified economic growth for the next year at 3.5%, in 2024 at 3%, in 2025 at 2.8%, and in 2026 at 3.2%
Moreover, the forecast determined that Azerbaijan's external debt will amount to 20.2 billion dollars this year. The report states that this number will increase to 25.6 billion by 2026. (20.7 billion dollars in 2023, 22.6 billion dollars in 2024, and 23.9 billion dollars in 2025) will reach dollars.