Azerbaijan’s non-oil GDP increased by 6,4%

Azerbaijan’s non-oil GDP increased by 6,4%
# 13 December 2021 14:06 (UTC +04:00)

In January-November of this year real GDP in Azerbaijan increased by 5,3% in annual comparison, APA-Economics reports citing the State Statistics Committee.

During the reporting period, oil GDP increased by 2,7%, while non-oil GDP by 6,4%.

Note that according to the latest forecast of the Ministry of Economy, according to macroeconomic forecasts based on an average oil price of USD 50 per barrel, the non-oil GDP of Azerbaijan will increase by 6% this year.

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