Azerbaijan’s economy grows by 2.4%

Azerbaijan’s Gross Domestic Product (GDP) rose by 2.4% to AZN 50,875,700,000 in January-August 2019.

Report informs citing the State Statistical Committee that 43.6% of the GDP was formed in industry, 10.3% in trade, maintenance of vehicles, 6% in construction, 6.4% in transport and warehousing, 5.9% in agriculture, forestry and fishery, 2.5% in tourist accommodation and catering, 1.8% in information and communication services, 14.6% in other fields. Net taxes on products and import made up 8.9% of the GDP.

Per capita GDP rose by 1.5% to AZN 5,145.1.