Azerbaijan’s economy grows by 2%

Azerbaijan’s economy grows by 2% Azerbaijan’s Gross Domestic Product (GDP) rose by 2.1% to AZN 65,415,100,000 in January-October 2019.
Finance
November 15, 2019 14:25
Azerbaijan’s economy grows by 2%

Azerbaijan’s Gross Domestic Product (GDP) rose by 2.1% to AZN 65,415,100,000 in January-October 2019.

Report informs citing the State Statistical Committee that the value added in the non-oil and gas sector grew by 3.5%, in oil and gas sector – by 0.2%.

The value added has gone up by 16.1% in information and communication sector, 7.3% in agriculture, forestry and fishery, 5.5% in tourist accommodation and catering, 3.1% in trade, maintenance of vehicles, 1.7% in industry, 0.5% in transport and storehouses, 3% in other fields and fell 6.2% in construction.

Per capita GDP amounted to AZN 6,609.6.

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