Economic growth rate increases in Azerbaijan

Economic growth rate increases in Azerbaijan
# 12 December 2023 13:37 (UTC +04:00)

The economic growth rate in Azerbaijan has risen from 0,5% to 0,8%, APA-Economics reports citing the State Statistics Committee of Azerbaijan.

In January-November of 2023, the total Gross Domestic Product (GDP) produced in Azerbaijan amounted to AZN 110,2 billion. This is 0.8 % more than the same period of last year.

Value added in the oil and gas sector of the economy decreased by 1.6 %, while it increased by 3.2 % in the non-oil and gas sector.

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