Diesel fuel production in Azerbaijan dropped by 5.8%
From January to October 2012 Azerbaijan manufactured 1,968,000 tons of diesel fuel, down 5.8% against the same period last year, according to the Azerbaijan State Statistical Committee.
In 2011 Azerbaijan produced 2,049,000 tons of diesel fuel, up 70,000 tons against the same period in 2010. All products were manufactured at the Heydar Aliyev oil refinery.
During this period the country also manufactured 531,200 tons of aviation kerosene, up 1.6% against the same period in 2011. During 2011 SOCAR manufactured 621,500 tons of aviation kerosene. Production of aviation kerosene increased by 3.4% against 2010.-0-
Economics
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Azerbaijan’s gross domestic product (GDP) reached 126.3 billion manats in 2024, marking an increase of 3 billion manats, or 2.4%, compared to the previous year, according to data released by the State Statistics Committee. In 2023, nominal GDP stood at 123 billion manats.
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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