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In the first quarter of the year Azerbaijan’s internal trade turnover has exceeded $6.2 bn and 47.4% of GDP
Baku, Fineko/abc.az. Growth rate of Azerbaijan’s internal trade turnover (with taking into account services to the population) in the first quarter of 2011 exceeded 5.9 fold the rate of growth of country’s real GDP against 1.88-fold last year. As a result, internal trade turnover made up 47.4% of GDP (AZN 10.421 bn) versus 44,27% of GDP in 2010 and 46.03% of GDP in 2009. The State Statistics Committee reports that for the first quarter of the year Azerbaijan’s internal trade turnover totaled AZN 4.936 bn ($6.227 bn in accord with exchange rate of AZN 0.7926 to the US dollar by 1 April 2011) and exceeded the January- March 2010 indicator by 9.5%. in 2010 Azerbaijan’s internal trade turnover totaled AZN 18.404 bn (($23,065 bn with exchange rate of AZN 0.7979 to the US dollar for 1 January 2011). In 2009 Azerbaijan’s internal trade turnover totaled AZN 15.916 bn ($19.819 bn in accord with exchange rate of AZN 0.8031 to the US dollar) . At that, internal trade turnover per capita for the first quarter of the year reached AZN 182.6 a month versus AZN 171.7 in 2010 and AZN 149.5 in 2009. Over the first quarter of the year retail trade turnover ensured 73.1% of overall turnover and services to the population 26.9%. Retail trade turnover totaled AZN 3.765 bn with growth of 9.2%, while volume of paid services AZN 1.170 bn with rise of 10.2%. Retail trade turnover per capita reached AZN 139.3 a month and paid services AZN 43.3. Over 2010 retail trade turnover ensured 70.7% of overall turnover and services to the population 29.3%. Retail trade turnover totaled AZN 13.679 bn with growth of 9%, while volume of paid services AZN 4.7 bn with rise of 10.8%. Retail trade turnover per capita reached AZN 127.6 a month and paid services AZN 44.1. In 2009 retail trade turnover made up 69.5% of overall turnover and services to the population 30.5%. Retail trade turnover was AZN 11.828 bn with growth of 8.9%, while volume of paid services AZN 4.088 bn with rise of 12.5%. Retail trade turnover per capita reached AZN 111.1 and paid services AZN 38.4. Tags: internal trade turnover Related news
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