Baku/19.06.19/Turan: Over the five months of this year, gross domestic product was made in Azerbaijan for a total of 30.6 billion manat ($ 18 billion), which is 2.2% more than in the comparable period of 2018, the State Statistics Committee reports.
For the first time in many years, the share of taxes on goods produced in the country and imports reached 9.3%. For comparison, we note that for the same period last year, this figure was 7%. The share of industry in the structure of GDP over the five months of this year was 46%, trade - 9.9%, transport - 6.4%, construction - 5.9%, agriculture - 3.7%, etc.
The production of GDP per capita for five months amounted to 3,099 manat. --0--
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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