GDP grew by 5.7%

Baku/16.12.13/Turan : Gross domestic product of Azerbaijan for 11 months of this year amounted to 52,072 million manat, which is 5.7% more than in the comparable period in 2012 . The share of non-oil sector ( 29.2 billion manat) economy in the formation of the country's GDP exceeded 56% , the State Statistics Committee told Turan .

Production of non-oil GDP in the economy for the period increased by 9.5 %, while in the oil sector ( 22.8 billion manat) - 1.3%.

The share of productive sectors (industry, agriculture, and construction ) in GDP during this period in 2013 was 63.5 % and the service sector (trade, transport, communications , catering and tourist accommodation , social services) - 36.5% . In this direct involvement in the extractive industries value added in the economy amounted to 40%.

GDP per capita grew by 4.3% and amounted to 5,604.2 manat or $ 7,142.8.

It is noteworthy that the share of social and other services in GDP formation is estimated 13.9% - s (7,241.5 million manat). However, the report of the State Statistics does say anything on the character or structure of these services. These services include paid services in education, health, etc. But the economist Natig Jafarly believes that their share cannot be so high. - 08B-

 

 

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