Bank Of Baku

Economic growth makes 5.4% in Azerbaijan

 Economic growth makes 5.4% in Azerbaijan
# 17 October 2013 08:02 (UTC +04:00)

According to State Statistical Committee, 63.6% of GDP was produced in production spheres, including 46.5% in industry, 11.3% in construction, 5.8% in agriculture, forestry and fishery, 29.9% in service spheres.

 

23.9% of value added in service sector was provided by trade and repair of transport facilities, 18.8% by transport and storehouse, 7.1% by tourist accommodation and catering, 5.7% by information and communication services, 44.5% by social and other service spheres.

 

Net taxes for products and import made 6.5% of GDP.

 

The value added in non-oil sector surged 10.4 % and its share in GDP increased to 52.1% from 55.9%.

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