27.Jan .2021 23:00

GDP Production 4,3% Drop in Azerbaijan

GDP Production 4,3% Drop in Azerbaijan
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In 2020 gross domestic product in the amount of US$42,607,176,172 (72432, 2 million manats) or 4,3 percent less compared to the corresponding period of the previous year was produced in the country.
According to the recent data of the State Statistical Committee of Azerbaijan, value-added produced in the non-oil and gas sector of the economy decreased by 2,6 percent, while in the oil-gas sector it decreased by 7,0 percent.
33,7 percent of GDP was produced in industry, 11,5 percent trade; vehicle repair areas, 7,7 percent construction, 7,1 percent transport and warehouse, 6,9 percent agriculture, forestry and fishing, 2,0 percent information and communication, 1,2 percent tourists' accommodation and public catering, 20,2 percent other fields, 9,7 percent net taxes on product and import.
GDP per capita had been equal to US$ 4,272.35 (7262, 8 manats).