Within two months of this year, gross domestic product in Azerbaijan amounted to 8.5 billion manat, which is 1.6 % more than in the comparable period of 2013. The production of oil and gas GDP for the period decreased by 5.7%.
According to the State Statistics Committee, the GDP growth of non-oil sector amounted to 8.8% YTD . The share of non-oil sector in the GDP reached 53.9 %.
GDP growth has been achieved due to increased production in the service sector by 6.8 %. The share of the services ( 2682 bn) in GDP is 31.7 %.
In January-February 2014 as a result of lower production volumes of oil GDP extractive industry decreased by 5.5 %. In general, for the period indicated, the share of the mining industry in GDP was 42.6 %.
GDP per capita for two months totaled 903.5 manat or $ 1,191.9. -08D-
Economics
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