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Azerbaijan gets 6% rise in GDP on non-oil sector

14 October 2014 08:35 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. During nine months of 2014, the GDP rose 2.5% to AZN 44.3 bln compared to a year earlier, APA reports quoting website of finance Ministry.

The GDP on non-oil sector rose 6%, while on oil sector declined 2.1% during the reporting period.

61.8% of GDP fell to share of production, 31.0% to service and 7.2% to net taxes for products and import.

44.6% of share of GDP fell to share of industry, 16.7% to services, 14.9% to social and other services, 11.8% to construction, 5.4% to agriculture. Net taxes for product and import made 7.2%.

AZN 25.4 bln-industrial products were manufactured, down 0.7% from previous year.

Funds directed to main capital soared 0.2% to AZN 11.9 bln, retail trade turnover surged 9.4% to AZN 15.5 bln, paid services increased 6.4% to AZN 4.8 bln.