Bank Of Baku

Azerbaijan sees 2.5% rise in GDP

Azerbaijan sees 2.5% rise in GDP
# 15 October 2014 12:51 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Azerbaijan produced AZN 44.1 bln-Gross Domestic Product in January-September, 2014, up 2.5% from previous year.

 

State Statistical Committee told APA-Economics that the value added in non-oil sector rose 6.0%, in oil-gas production and processing spheres dropped 2.0%.

 

44.3% of GDP was produced in industry, 11.9% in construction, 5.4% in agriculture forestry ad fishery, 31.25 in services.

 

25.0% of value added in service spheres belongs to trade and repair of transport facilities, 15.2% to transport and storehouse, 6.4% to tourist accommodation and catering, 5.4% to information and communication services, 48.0% to social and other spheres.

 

Net taxes for production and import made 7.2% of GDP.

 

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