The Gross Domestic Product in Azerbaijan for the first quarter of this year amounted to 12.9 billion manat. The country's economy, compared to the same period in 2012 increased by 3.1%, Turan was told today at the State Statistics Committee.
GDP increased by a recession in the oil sector at the level of 4%. In this case, according to SSC, in the non-oil sector of the economy there was recorded a growth rate of 11.4%. Industry accounts for 6.8 bn AZN or 52.3% of the GDP and the share of agriculture in the first quarter was 2.3% (about 0.3 billion manat).
Manufacturing value added per capita income for January-March 2013 amounted to 1399.6 manat or $ 1,783.4. - 08D-
Economics
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Azerbaijan’s corporate sector needs to develop an appropriate system for assessing employees, according to Jalal Gasimov, CEO of PASHA Holding. Speaking at the Human Development Forum in Baku, Gasimov emphasized the importance of moving beyond merely evaluating employees based on performance outcomes.
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The launch of the Azeri Central East (ACE) platform in Azerbaijan's Caspian Sea shelf marked an important milestone for BP in 2024, said BP CEO Murray O'Kinkloss on February 11, presenting the company's 2024 report.
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Cargo transportation along the Middle Corridor (Trans-Caspian International Transport Route, TMTM) reached a record 3.3 million tons in 2024, marking a 20% increase year-on-year, according to the Secretary General of the International Association "Trans-Caspian International Transport Route" Khaydar Abdikerimov.
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Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
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