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.