ECONOMY


Azerbaijan ranks second among developing countries upon Inclusive Development Index

Baku, February 1 AZERTAC

Azerbaijan is ranked second among developing countries upon Inclusive Development Index (IDI). According to Inclusive Growth and Development Report of World Economic Forum held in Switzerland, Lithuania and Azerbaijan share first and second place with 4.73 points upon IDI index.

IDI is calculated upon summary of main economic indicators of countries. This new global economic index features more complex assessment of economic development of countries. IDI reflects more effective description of economic conditions in the country than indicators like GDP and per capita national income.

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