Bank Of Baku

Industrial production in Azerbaijan increases this year

Industrial production in Azerbaijan increases this year
# 13 December 2024 13:17 (UTC +04:00)

Industrial enterprises and individual entrepreneurs operating in this field in Azerbaijan produced industrial products worth AZN 58.3 billion in January-November 2024, or 1.1% more in comparison with the corresponding period of 2023, the State Statistical Committee told APA-Economics. 

During the reporting period, production in the oil and gas sector increased by 0.6%, and in the non-oil and gas sector by 7.2%.

According to the information, 64.4% of industrial output was produced in the mining sector, 29.8% in the processing sector, 4.8% in the production, distribution and supply of electricity, gas and steam, and 1% in the water supply, waste treatment and processing sector.

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