Economic growth in Azerbaijan makes up 2% in January

Economic growth in Azerbaijan makes up 2% in January
# 15 February 2018 16:04 (UTC +04:00)

In January 2018, the Gross Domestic Product (GDP) made up AZN 6,049,500,000, up 2% from previous year, said a statement from the State Statistical Committee.

 

The value added increased 3.9% in the non-oil sector, decreased 0.5% in oil and gas sector.

 

At the same time, 48.4% of the value added was formed in industry, 9.6% in trade and repair of transport facilities, 6.5% in transport and storehouse, 6.0% in construction, 2.7% in agriculture, forestry and fishery, 2.5% in tourist accommodation and catering, 1.5% in information and communication and 15.8% in other spheres.

 

Net taxes to product and import made up 7% of GDP. 

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