Azerbaijan’s economy grew by 5,6% last year

Azerbaijan’s economy grew by 5,6% last year
# 14 January 2022 17:40 (UTC +04:00)

According to preliminary data, GDP amounted to AZN 92 857,7 mln or 5,6% more in comparison to the same period of the previous year was produced in the country in 2021, APA-Economics reports citing the State Statistics Committee.

Added value in the non-oil sector of the economy increased by 7,2%, and by 1,8% in the oil and gas sector.

42,5% of the GDP product fell on share of industry, 10,1% to trade, and repair of transport vehicles, 6,9% transport and warehousing, 5,9% agriculture, forestry and fishing, 5,9% construction, 1,8% information and communication, 1,3% accommodation and public catering fields, and 17,2% to other fields, net taxes on products and imports made up 8,4% of GDP.

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