15.Oct .2021 19:00

Azerbaijan's Economic Growth Rates Close to 5%

Azerbaijan's Economic Growth Rates Close to 5%
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From January through September this year, Azerbaijan's GDP grew by 4.8% compared to the same period of the last year, Report informs, citing the State Statistical Committee.
Report informs that according to the minister, the value-added increased by 1.4% in the oil and gas sector, 6.2% in the non-oil and gas sector.

According to Committee, 40.1% of GDP was formed in industry, 10.3% in trade: repair of transport facilities, 7.1% in transport and warehousing, 5.2% in construction, 6.9% in agriculture, forestry, and fishery, 1.8% information and communication, 1.1% in tourist accommodation and public catering, 18.4% in other fields. Net taxes on products and imports made up 9.1% of the GDP.

Per capita GDP surged 20.2% to AZN 6,279 ($3, 693).