GDP grew by 1%

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-


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