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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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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