Azerbaijan's GDP for the first 9 months of the year amounted to 39.8 billion manat (+1.1% compared to the same period last year). According to official statistics, the GDP per capita is AZN 4,340.2 ($ 5,522.6).
More than two thirds (67.2%) of the gross domestic product accounts for the production, including 51.3% of this amount in industry, 26.6% - in services, 9.8% - in construction, and 6.1% - in agriculture, forestry and fisheries.
The added value of non-oil sector in comparison to the same period last year increased 10.3%, ensuring the growth of its share in the GDP to 50.3%. In building the real expression of value added was 27.3%, in communication services and information technology - 16.7%, in tourism and catering - 16.3%, in trade and repair of transport - 9%, in agriculture, forestry and fisheries - 6.3%, in transport and barn farming - 2.1%. - 17D-
Economics
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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Climate change poses a serious risk to global economic and financial stability, said Bo Li, Deputy Managing Director of the International Monetary Fund (IMF), at the event titled "Global Financial System: Scaling Up Climate Action Financing" held as part of COP29.
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Azerbaijan's banking sector has unveiled a comprehensive set of initiatives aimed at bolstering sustainable development, according to Zakir Nuriyev, President of the Azerbaijan Banks Association (ABA). Nuriyev outlined the plans during the second panel of the "Global Financial System: Expanding Climate Finance" event.
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Azerbaijan remains steadfast in its commitment to developing a sustainable green economy, according to Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA). Speaking at the COP29 event on Thursday titled “Global Financial System: Scaling Up Finance for Climate Action,” Kazimov emphasized the country's strategic focus on green development as part of its broader socio-economic agenda for 2030.
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