
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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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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