Minister: Per capita national income to exceed $7,000 next year

Azerbaijan's per capita national income will exceed $7,000 next year, Economy Minister Mikayil Jabbarov said at the meeting of the Milli Majlis Committee for Economic Policy, Industries and Enterprising.

In addition, the minister said that in 2023, the value of Azerbaijan's gross domestic product (GDP) production is expected to exceed 160 billion manats ($94 billion), including non-oil GDP, which is expected to exceed 73.3 billion manats ($43 billion), Report informs.

"Annual inflation next year is expected to be 6.9 per cent, returning to the target range (4+2) in 2024-2026," he said.