In January-February 2021, Azerbaijan’s Gross Domestic Product (GDP) amounted to AZN 12,019,000,000, which is 3.2% less than in the same period last year, Report informs with reference to the country’s State Statistical Committee.
The value-added in the non-oil sector fell by 7.5%, in the oil and gas sector – by 0.4%.
In the structure of GDP, 41.2% was industry, 10.7% – trade; repair of vehicles, 8.1% – transport and warehousing, 4.7% – construction, 3.1% – agriculture, forestry and fishing, 2.0% – information and communication, 0.7% – tourist accommodation and public catering, 19.9% – other sectors. Net taxes on products and imports amounted to 9.9% of GDP.
Per capita GDP dropped 4.9% to AZN 1,201.6.
Subscribe to our Linkedin page
