GDP production in Azerbaijan increased

12:27 - 17.10.2022


October 17, Fineko/abc.az. Over Jan-Sept 2022, enterprises, organizations and individual entrepreneurs of Azerbaijan produced GDP in the amount of AZN 98.1 bn, or 5.6% more versus Jan-Sept 2021.

ABC.AZ reports with reference to the State Statistics Committee that over the year the value added in the oil & gas sector of the economy decreased by 2.5% and in the nonoil & non-gas sector grew by 10.1%.

52.2% of GDP production accounts for industry, 7.8% - trade, repair of vehicles, 6% - transport and warehousing, 5.2% - agriculture, forestry and fishing, 4% - construction, 1.5% - hotel business and catering, 1.3% - in the sphere of information & communications, 14.2% - in other industries. Net taxes on goods and imports made up 7.8%.

GDP per capita grew by 55.3% up to 9,749 manats.

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