Azerbaijan’s economy declines by 4%

Azerbaijan’s economy declines by 4%
# 16 June 2016 09:23 (UTC +04:00)

State Statistical Committee told APA-Economics that the decline is caused by decrease in production of construction products and services relevantly compared to previous year. At the same time, 39.8% of the value added was formed in industry, 12.8% in trade, repair of transport vehicles, 8.6% in construction, 6.6% in transport and storehouse, 3.5% in tourist accommodation and catering services, 3.2% in industry, forestry and fishery, 2% in information and communication, and 16.4% in other spheres.

New taxes to product and import made 7.7% of GDP. GDP per capita amounted to AZN 2,239.4.

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