NEWS FEED
Zoom
11:17 23 February
11:15 23 February
10:15 23 February
TOP 5

Azerbaijan sees 0.9% decline in economy


In January-May 2017, the Gross Domestic Product (GDP) made up AZN 25,338,700,000, down 0.9% from previous year, said a statement from the State Statistical Committee.

 

The value added increased 2.3% in the non-oil sector, decreased 6.5% in oil and gas sector.

 

At the same time, 44.1% of the value added was formed in industry, 10.9% in trade and repair of transport facilities, 8.3% in transport and storehouse, 7.3% in construction, 3.3% in agriculture, forestry and fishery, 2.7% in tourist accommodation and catering, 1.8% in information and communication and 14.5% in other spheres.

 

Net taxes to product and import made up 7.1% of GDP. The per head GDP amounted to AZN 2,610.3.

Related news releases

VİDEO NEWS

PHOTO NEWS

  • AZN 160M allocated for improved technical support to agraria...
  • USD rate for February 26 announced
+2
EXCHANGE RATE
FOREX
/ 24 February, 2018

USD
1.7001
 
EUR
2.0914
 
RR
0.0301