Bank Of Baku

Azerbaijan’s Minister of Economy expects 20% increase from non-oil sector this year

Azerbaijan

© APA | Azerbaijan's Minister of Economy Mikayil Jabbarov

# 15 November 2021 12:28 (UTC +04:00)

It is forecasted that the share of Azerbaijan’s non-oil industry in the industry of the country will be at 64% level in late of this year, said Azerbaijan’s minister of Economy Mikayil Jabbarov at the 25th International Business Forum, APA-Economics reports.

According to him, the non-oil industry is one of the main drivers of Azerbaijan.

“An increase is sustainably above 10% over the past three years. At the end of this year we expect a 20% increase which is, as a result, means a steady increase in the share of non-oil industry in non-oil GDP,” noted Mikayil Jabbarov.

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