Azerbaijan’s current account surplus to approach 12% this year

The World Bank (WB) has announced several macroeconomic forecasts regarding Azerbaijan, APA-Economics reports.

The Bank forecasts that the current account surplus (CAS) of Azerbaijan’s balance of payments will decrease over the next five years.

The CAS is projected to be 11.6% of GDP in 2025, 5.4% in 2026, and 3.8% in 2027. The World Bank expects the CAS to fall to 3.6% in 2028 and 3.4% in 2029.

The Bank’s analysts forecast a 2.4% economic growth rate in Azerbaijan for 2025-2026, 2.3% in 2027, and 2.2% for 2028-2029. The Bank’s inflation forecast is 2.3% for 2025-2026, 2.2% in 2027, and 2% for 2028-2029.

Additionally, the World Bank forecasts a decrease in net foreign direct investment (FDI) in the country over the next five years. The Bank estimates that these investments will amount to 0.9% of GDP in 2025 and 2026, 0.8% in 2027, 0.7% in 2028, and 0.6% in 2029.

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