Baku. Musa Ahmadov – APA-Economics. In January-June 2016, Azerbaijan’s Gross Domestic Product (GDP) made AZN 27 billion, down 3.4% from the previous year, said a statement from the State Statistical Committee July 14.
The decline is caused by decrease in production of construction products compared to the previous year.
At the same time, 38.5% of the value added was formed in industry, 11.8% in trade, repair of transport vehicles, 9.1% in construction, 6.8% in transport and storehouse, 2.8% in tourist accommodation and catering services, 5.1% in industry, forestry and fishery, 2% in information and communication, and 16.3% in other spheres.
New taxes to product and import made 7.6% of GDP. GDP per capita amounted to AZN 2,809.7.