Fitch Solutions reveals its forecast for current account surplus in Azerbaijan

Fitch Solutions reveals its forecast for current account surplus in Azerbaijan

The current account surplus in Azerbaijan in 2023 was set at 26.7% of the gross domestic product (GDP), according to the report by Fitch Solutions (FS), a company by Fitch Group.

FS forecasted the share of current account surplus in GDP at 23,8% for 2024 and at 20,9% for 2025.

Governor of the Central Bank of the Republic of Azerbaijan Taleh Kazimov noted that the current account surplus for 2023 is around USD 9-10 billion.

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