In January 2023, Azerbaijan produced a gross domestic product worth 9.690 billion manats ($5.7 billion), or 1.5% less than in the same period last year, Report informs, citing the State Statistical Committee.
Over the past year, value added decreased by 4.6% in the oil and gas sector of the economy while it increased by 1.7% in the non-oil and gas sector.
The committee noted that 52.8% of GDP production came from industry, 9.5% from trade; vehicle repair, 5.3% transport and warehousing, 2.6% agriculture, forestry and fishing, 3.2% construction, 1.4% tourist accommodation and public catering, 1.6% information and communication sectors, 15.5% by other sectors, and net taxes on products and imports made up 8.1% of GDP
Over the past year, GDP per capita in the country stood at 956.6 manats ($562.71).