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Economic growth rate makes 0.3% in Azerbaijan

Economic growth rate makes 0.3% in Azerbaijan

15 May 2012 11:49 (UTC +04:00)

State Statistical Committee says 68.5% of GDP was production, 25.3% - service spheres, 6.2% - net taxes for product and import.

The production in non-oil sector rose 9.5%, in oil sector â€“ decreased by 6.4% in comparison to a year earlier.

Per head GDP made AZN 1,820 or $ 2,314.6.

Note that, according to governmentâ€™s forecasts, the GDP will increase by 4.6% to $59.3 bln. Per head GDP will make over $6,000.

At the same time, according to IMF forecasts, economic growth will reach 3% this year.

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