GDP production grew by 2.5% this year


October 16, Fineko/abc.az. The State Statistics Committee informs that Azerbaijan produced AZN 58.46 bn of GDP for the first 9 months of 2019 (by 2.5% more versus the 2018 same term).

In the nonoil sector of the economy added value increased by 3.5% and in the oil & gas sector by 1.1%.

During this period an increase in production was observed in all the sectors of the economy, except the construction sector. In the sphere of information & communications added value grew by 16.4%, agriculture, forestry and fisheries by 7.1 %, tourist accommodation and catering by 4.9 %, trade, vehicle repair by 3%, industry by 2.5%, transport and warehousing by 1.3%, other services by 2.2%, and in construction decreased by 5.6%.

GDP per capita reached 5,910.1 manat.