Bank Of Baku

Azerbaijan’s share in economy of South Caucasus region exceeds 71%

Azerbaijan’s share in economy of South Caucasus region exceeds 71%
# 07 March 2011 08:55 (UTC +04:00)
According to Ministry of Economic Development, this index was 52% in 2001-2003, 54% in 2005, 60% in 2006, 63% in 2007, 67% in 2008, 71% in 2009 and 71.5% in 2010.

Georgia’s share in the economy of South Caucasus declined 13.5 percentage points during the past 10 years. Thus, the current index makes 15.5%, while it was 29% in 2001.

Armenia’s share also decreased 7 percentage points to 13%, during past 10 years.
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