Economy Grew by 3.8%

Gross Domestic Product in Azerbaijan over the four months of this year amounted to 17.2 billion manat. The country's economy, compared to the same period in 2012 increased by 3.8% (650 million manat), the State Statistics Committee (SSC) told Turan.

GDP growth was achieved against a backdrop of recession-oil sector at 2.3%. According to the estimates of SSC in the non-oil sector recorded a growth rate of 10.9%. Thus, the share of non-oil sector in GDP reached 51.5%.

Industry accounts for 8.9 billion manat (52.3%) of GDP. The share of agriculture in the "basket" of GDP in the first quarter was 2.5%.

Manufacturing value added per capita in January to April increased by 2.5% and amounted to 1,861.9 manat or $ 2,372.8. - 08D-

 

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