Azerbaijan's GDP grew slightly
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.
Similar News
The price of Azerbaijani oil exceeded 109 dollars
Azerbaijani Azeri Light (CIF) crude oil has risen in price on world markets. The price of one barrel of Azerbaijani Azeri Light crude oil on the world market in...