Baku/18.02.14/Turan : In January this year , the gross domestic product in Azerbaijan amounted to 4359 million manat, which is 0.8% more than in January 2013. Last month, deteriorated performance in the oil and its derivatives , which resulted in a decline in oil sector GDP by 6%.
According to the State Statistics Committee, the GDP growth of non-oil sector was 7.7% in January . Added value in the non-oil sector was 53.8 % (2 346.8 million manat) of GDP.
Fragile GDP growth was achieved due to increased production in the service sector by 6.4 %. The share of the production of services ( 1,436 million) in GDP reached 32.9% .
In January 2014 as a result of lower production volumes added value in the areas of mining ( 1879 million or minus 5.9% ) and processing (177 million or minus 1.8% ) industries in the manufacturing sector , GDP declined by 2.4 %.
In the field of production, distribution and supply of electricity, gas and steam added value in January was 120.4 million manat, increasing at an annual rate of 1%. In the area of ??water supply , treatment and disposal of waste is negligible value added Ball - 5.9 million manat. And in those industries where accounting is extremely complex process , GCS recorded a significant step forward. For example, in the sphere of trade and service vehicles ( 341.9 million manat) growth marked 9.35%, tourist accommodation and catering (90 million AZN) - 15.7% , social and other services ( 678.3 million) - 3.6 %, etc.
GDP per capita in January amounted to 465.6 AZN or $ 593.6 . - 08D-
Economics
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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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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