Reduced the oil share in GDP of Azerbaijan
In January 2013, in Azerbaijan in the field of production of goods and services, and net taxes on production and imports were produced added value of 4.5 billion basic macroeconomic indicators - gross domestic product has grown over to the same month in 2012 2.8%, the State Statistics Committee told Turan.
The GDP in the non-oil sector grew by 8.8% to 49.6% of the GDP of the country. The downward trend in the oil factor in GDP continued, and in January, added value decreased by 2.1%.
The share of the production of goods has 62.2%, services - 29.5% and net of taxes - 8.3% of GDP.
Per capita GDP in January amounted to 484.2 manat ($ 626.9), or 1.5% more than in January 2012. - 08D-
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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