Azerbaijan economy to hit record $76.5 billion this year - president
Published on: Monday 21 November 2022
BAKU (Reuters) - Azerbaijan's GDP will reach a record 130 billion manat ($76.5 billion) by the end of 2022, President Ilham Aliyev said on Monday. Fuelled by high energy prices, Azerbaijan's oil and gas-rich economy grew by 5.2% in the first 10 months of the year, the country's statistics committee said last week. "Our economy has grown more than 3-fold since 2003. The forecast for the end of