Finance

Home page

Finance

Economic growth rate falls in Azerbaijan

15 November 2012 13:04 (UTC +04:00)

So, economic growth decreases in Azerbaijan, because this index was 1.1% in January-September, 2012. But in comparison with a pervious year economic growth increased, while it was 0.3% in January-October, 2011.

66.7% of GDP fell on the share of production spheres of economy, including 50.9% - of industry, 9.9% - of construction, 5.9% - of agriculture, forestry and fishing, 27.0% - of services. Taxes on production and import stood at 6.3%.

Value added in non-oil spheres rose 10.4%, and its share in GDP reached 50.87%. the value added in construction rose 27.3%,information and communication services – 17.2%, placement of tourists and catering – 16.2%, services on trade and repair of transport facilities – 9.4%, forestry, agriculture and fishing 0 5.9%, transport and storehouse – 2.0%.