Azerbaijan's Economy Forecast: A 2025 Look Ahead

Azerbaijan's central bank anticipates a 3% GDP growth by 2025, along with an average oil price of $68.6 per barrel and natural gas price at $299 per 1,000 cubic metres.

Azerbaijan's central bank projects a 3% growth in the nation's GDP come 2025, providing a hopeful outlook for the country's economic landscape.

This forecast accompanies predictions for average oil prices, which the central bank expects to hover around $68.6 per barrel by that time, reflecting steadiness in the energy market.

Furthermore, natural gas prices are anticipated to reach $299 per 1,000 cubic metres, indicating potential impacts on the national and regional economy.

(With inputs from agencies.)