Moody's expects growth in Azerbaijan’s GDP in 2017

Moody's rating agency expects the growth of Azerbaijan’s real GDP to be slightly above 0 percent in 2017.

However, the agency didn’t provide exact forecasts for the country’s GDP growth.

The report said the mentioned 0% growth in 2017 is due to a recovery in domestic demand amid the slowdown in inflation.

The increase of the country’s GDP hit 1.1 percent in 2015, while the volume of GDP per capita amounted to 5,703 manats ($3,767).

---

Follow us on Twitter @AzerNewsAz