Bank Of Baku

Azerbaijan foresees GDP growth rate at 6.8% in 2010

Azerbaijan foresees GDP growth rate at 6.8% in 2010
# 03 November 2009 17:05 (UTC +04:00)
Baku. Vahab Rzayev - APA-ECONOMICS. According to Azerbaijan’s main macroeconomic outlook in the State Budget Bill, the country’s GDP is predicted to grow by 6.8% to AZN 31.8 million in 2010.

According to forecasts, the share of non-oil sector in GDP will reach 62.4%.

The grow is estimated to be 7.8% in industrial sector, 2.4% in non-oil sector, 4% in agriculture, 9.3% in transport, 17% in communications and 3.1% in social and other spheres.

GDP per capita is expected to stand at AZN 3 627.8 and the average monthly salary at AZN 365.6 in 2010.
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