Azerbaijan’s GDP decreases by 4.3%

Azerbaijan’s GDP decreases by 4.3%
  • Clock-gray 12:30
  • calendar-gray 11 December 2020

In January-November of this year Gross Domestic Product worth AZN 64 709,3 mln or 4,3% 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 decreased by 2,9%, while in the oil and gas sector decreased by 6,5%.

34% of GDP production fell on share of industry, 11,3% trade; repair of transport means, 7,4% on transport and warehouse, 7,2% agriculture, forestry and fishery, 6,3% construction, 2% information and communication, 1,2% accommodation of tourists and public catering fields, 20,7% fell on share of other fields. Net taxes on products and imports made up 9,9% of GDP.

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