Economy of Nakhchivan Autonomous Republic grows by 2.7%

In January-February of this year, the gross domestic product in the Nakhchivan Autonomous Republic was 200.8 million ($118.08 million), Report informs, citing the press service of the State Statistical Committee of the Autonomous Republic.

As reported, this is 2.7% more than the indicator in the corresponding period of 2023.

During this period, the gross domestic product per capita increased by 2% to 428.3 manats ($251.85).

Also, in January-February 2024, industrial production in Nakhchivan amounted to 91.68 million manats ($53.91 million), which exceeded the indicator in the corresponding period of 2023 by 27%.