Bank Of Baku

Azerbaijan’s economy increases by 0.2% year-on-year

Azerbaijan’s economy increases by 0.2% year-on-year
# 14 December 2011 12:37 (UTC +04:00)
According to State Statistical Committee, 54.9% of value added was produced in industrial spheres, 7.8% - in construction complex, 5.6% - in village, hunting and forestry, 5.2% - in transportation, 7.9% - in trade and paid services. 1.7% - in communication, 11% - in other spheres.

Per head value added made AZN 5,026.3 ($6,362.4).

GDP production in non-oil sector increased by 9.5 %, in oil sector – dropped 9.1%.
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