Azerbaijan’s GDP decreases by 3.2%

Azerbaijan’s GDP decreases by 3.2%
  • Clock-gray 12:09
  • calendar-gray 11 March 2021

In January-February of 2021, Gross Domestic Product worth AZN 12 019,0 mln or 3,2% less in comparison to the same period of the previous year was produced in Azerbaijan, State Statistics Committee told APA-Economics.

Added value in the non-oil sector of the economy increased by 7,5%, while in the oil and gas sector decreased by 0,4%.

41,2% of GDP production fell on share of industry, 10,7% trade; repair of transport means, 8,1% on transport and warehouse, , 4,7% construction, 3,1% agriculture, forestry and fishery, 2,0% information and communication,  0,7% accommodation of tourists and public catering fields, 19,9% fell on share of other fields.

GDP per capita amounted to 1201.6 manats.

APA-Economics

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