Non-oil sector of Azerbaijan's economy grew by 2 percent

Non-oil sector of Azerbaijan's economy grew by 2 percent
  • Clock-gray 05:52
  • calendar-gray 14 July 2018

The GDP of Azerbaijan in January-June of 2018 amounted to 37 billion 9.1 million manat, which is 1.3% more than for the same period last year, APA-Economics reports quoting the State Statistics Committee.

 

According to the results of the reporting period, the volume of GDP produced in the non-oil sector of the country increased by 2%, and in the oil and gas sector - by 0.1%.

 

In the structure of Azerbaijan's GDP, 47.3% were formed in industry, 9.6% in trade, 6.6% in construction, 6.3% in transport and warehousing, 5.0% in agriculture, forestry and fisheries.

 

Net taxes on products and imports accounted for 8% of Azerbaijan's GDP. The volume of GDP per capita amounted to 3,777.6 manat.

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