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Economic growth in Azerbaijan reaches 3.1%
Finance
- 17 December, 2015
- 12:34
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Baku. 17 December. REPORT.AZ/ In January-November 2015 the volume of GDP in Azerbaijan increased by 3.1% to 50.1 bln AZN in comparison with the same period last year.
Report informs referring to the State Statistical Committee, 33.7% of the GDP produced in the industry, 13.7% - construction, 5.9% - agriculture, forestry and fishery products, 38.8% - services.
Net taxes on products and the profit amounted to 7.9% of GDP.
During this period, the value added in non oil sector of the economy grew by 4%, the share of this sector in the GDP increased from 60.9% to 69.3% last year.
Oil sector accounted for 30.7% of GDP.Manufacturing value added in the oil sector grew by 1.8% compared to the same period last year.
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