Nakhchivan's economy grew by 1%


July 27, Fineko/ GDP of the Nakhchivan Autonomous Republic reached AZN 1.328 bn in the 1st half of 2021 (0.5% more than a year earlier).

ABC.AZ reports GDP per capita increased by 1% compared with the relevant period of last year up to 2,875.7 manats.

"In the GDP structure the 1st place was taken by the industrial sector with share of 30.2% and the share of material production was 58%. Compared with the relevant period of 2020, in the 1st half of 2021 the industrial products increased by 1%, funds allocated to fixed assets by 0.4%, agricultural products by 3%, cargo transportation in the transport sector by 0.3%, information & communication services by 8.2%," the report on the economy of Nakhchivan says.