Azerbaijan's GDP reaches 39.9B manats in January–April

Kanan Sadigov
Author

Azerbaijan produced 39.86 billion manats ($23.44) worth of gross domestic product in January–April this year, Report informs, citing the State Statistical Committee.

This figure is 0.2% higher compared to the same period last year.

Over the past year, the value of oil and gas GDP decreased by 0.9% to 12.14 billion manats ($7.14 billion), while non-oil and gas GDP grew by 0.7% to 27.74 billion manats ($16.32 billion).

The data indicate continued moderate overall economic growth, supported mainly by the non-oil sector.

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