![GDP grew by 1%](https://turan.az/resized/media/2012/main/111500018161-750-500-resize.webp)
In the first ten months of this year, the gross domestic product in Azerbaijan amounted to 44.2 billion manat, in comparable prices by 1% more than in the same period of 2011.
According to the committee, the volume of non-oil GDP grew by 10.4%. Thus, the share of non-oil sector in the formation of value added was 50.8%.
The GDP per capita was 4,823.7 manat or $ 6,138.6.
The share of industry in GDP was 50.9%, construction - 9.9%, agriculture - 5.9%, and net taxes on production and imports - 6.3%, etc. The production of value added in construction grew in real terms compared with the same period in 2011 by 27.3%, the scope of information and communication - 17.2%, and hotel and catering services - 16.2%.
The Azerbaijani government expects GDP for 2012 at 51,157 mln (+0.1%). In 2013, the government forecasts that GDP will grow by 2%. - 08D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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