EBRD forcasts economic growth of Azerbaijan by 3.5% in 2014

The European Bank for Reconstruction and Development (EBRD) did not change its forecast of Azerbaijan GDP growth in 2014 and it remained 3.5%, reads the EBRD report Regional Economic Perspectives in EBRD Operating Countries.

The report was released in October 2013. In 2013 real GDP growth in Azerbaijan constituted 5.8%, GDP growth in the non-oil sector – 9.8%. During 2013 the country’s GDP increased up to 57 billion AZN.

ANN.Az