IMF predicts Azerbaijani economic growth index
By Messenger Staff
Friday, October 29In its research by IMF, Regional Economic Outlook: Middle East and Central Asia is indicating that the total GDP from oil products in Azerbaijan was 3% in 2010 and that next year this indicator is likely to decrease by 1.3%. The same will be happening with its non-oil product GDP as well. In 2010 it is calculated at 5.6% and in 2011 it will decrease to 5%. So, the GDP Growth in 2011 will be 1.8 whereas in 2010 the growth was 4.3%. However, the nominal GDP in Azerbaijan in 2011 will reach USD 57.9 bln, whereas in 2010 it is USD 52.2bln.