Bank Of Baku

Azerbaijan posts a 4.3% year-on-year rise in GDP for January-April

Azerbaijan posts a 4.3% year-on-year rise in GDP for January-April
# 18 May 2009 15:03 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Gross domestic product – the output of goods and services produced by labor and property in Azerbaijan grew by 4.3% duirng January-April to AZN 9 billion.

The State Statistical Committee said GDP per capital increased by 3% AZN 1 042.9 ($1 296,0) for this period.
The top body said GDP came 50.7% in non-oil sector and 39.9% from oil sector.

Net tax on products and imports accounted for 9.4% of GDP.
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