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Economic growth rate reaches 1.6% in Azerbaijan

Economic growth rate reaches 1.6% in Azerbaijan

14 August 2012 08:42 (UTC +04:00)

State Statistical Committee says 67.4% of GDP was production, 52.3% - industry, 9.6% - construction complex, 5.5% - agriculture. Share of services in value made 26.5
%, as well as in transport â€“ 4.9%, trade and payable services â€“ 8.4%, communication â€“ 1.7%, social and other services â€“ 11.5%. 6.1% of GDP fell on share of net taxes for product and import.

The production in non-oil sector rose 10.5%, in oil-gas sector â€“ decreased by 6% in comparison to a year earlier.

Per head GDP made AZN 3,364.7 or $ 4,280.9.

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.

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