Azerbaijan produced a GDP of AZN 111 bn for Jan-Oct

16:59 - 14.11.2022


November 14, Fineko/abc.az. Azerbaijan produced GDP of AZN 111 bn for Jan-Oct 2022, or 5.2% more against Jan-Oct 2021, ABC.AZ reports with reference to the State Statistics Committee.

Value added in the oil gas sector of the economy decreased by 2.4% and in the nonoil & gas sector grew by 9.7% this year.

52.9% of GDP production accounts for industry, 7.9% for trade, repair of vehicles, 5.9% for transport and warehousing, 5.1% for agriculture, forestry and fishing, 3.9% for construction, 1.5% for tourist accommodation and catering, 1.3% for information and communications, 14% for the share of other industries, net taxes on products and imports account for 7.5% of GDP.

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