Economic growth rate reaches 0.5% in Azerbaijan

Economic growth rate reaches 0.5% in Azerbaijan
# 17 April 2012 12:02 (UTC +04:00)
State Statistical Committee says AZN 5 bln or 61.3% of VAT was produced in industrial spheres, AZN 599.2 mln (4.9%) in construction, AZN 553.9 mln (4.5%) – in transport, AZN 294.9 mln (2.4%) – in agriculture, AN 973.3 mln (7.9%) – in trade and payable services, AZN 194.5 mln (1.6%) – in communication, AZN 1,332.8 mln (10.9%) – in other spheres. AZN 802.4 mln or 6.5% of VAT made taxes on products and import.

Per head GDP production was equal to AZN 1,346.1 or $ 1,711.9.

GDP production in non-oil sector rose 7.7%, in oil sector - decreased by 4.7%.

Note that, according to forecasts of Azerbaijani government, the GDP in 2012 will rise 5.7% to $ 55 bln, per head GDP will exceed $6,000.
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THE OPERATION IS BEING PERFORMED