GDP Increased by 0.4%

In January-February 2017 the Gross Domestic Product (GDP) of Azerbaijan amounted to 10 billion 42.6 million manat. In comparable prices, the GDP increased by 0.4%.

The non-oil sector accounts for 56.8% of the GDP. In this sector, the GDP grew by 2.3% in two months, the State Statistics Committee (SSC) reports.

Last year, the two-month GDP was 7.8 billion manat.

The GDP per capita was 1,035.6 manat. Last year this figure was 822.3 manat.

SSC does not disclose macroeconomic indicators in US dollars. GDP growth in actual prices is related to inflationary processes. -----08D

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