Today the State Statistics Committee published the report on socio-economic development of Azerbaijan for 2014, 10 days after the preliminary discussion in the Cabinet of Ministers chaired by President Ilham Aliyev.
Last year, the volume of gross domestic product in Azerbaijan amounted to 58 997 800 000 manat, which is 2.8% more than in the previous year. The share of non-oil economy (about 36 billion manat) accounted for 60.1% of GDP, which grew by 7%.
Oil GDP (23 billion manat) in the past year decreased by 2.9%.
GDP per capita last year was 6 264.1 manat or about $ 8,000, which was 1.5% higher than the figure for 2013.
The share of industry in GDP was 41.5%, agriculture - 5.3%, construction - 12.5%. ---08D
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review