Azerbaijan's GDP grew slightly

Azerbaijan's GDP grew slightly
Economy 29

The nominal GDP of Azerbaijan in January-February 2025 amounted to 19 billion 72.2 million manats, with real economic growth estimated at 0.2%.

This was reported by BAKU.WS with reference to the State Statistics Committee.

According to statistics, the decline in the oil and gas sector was 2.7%, while the non-oil and gas sector grew by 1.7%.

In January-February, 38.5% of GDP was produced in the industrial sector, 10.1% in trade and vehicle repair; 6.9% - transport and warehousing, 4.6% - construction, 2.9% - agriculture, forestry and fishing, 2.5% - tourist accommodation and catering, 1.9% - information and communications, 22% - other areas. The share of taxes in GDP was 10.6%.

GDP per capita for the reporting period amounted to 1,865 thousand manats.

This news edited with AI

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