GDP increases by 2.1% in Azerbaijan

  • 10:22 18 December 2019

GDP increases by 2.1% in Azerbaijan

In January-November of this year, gross domestic product (GDP) of Azerbaijan increasing by 2.1% in comparison with the same period of the previous year amounted to AZN 72 852,2 mln., ONA reports citing State Statistics Committee.

In the reporting period, the additional value produced in the non-oil-gas sector of the economy increased by 3.5%, and in the oil-gas sector – by 0.2%. During this period, production growth was observed in all areas of the economy except for the construction sector.

The additional value increased by 15.9% in information and communication spheres, by 7.1% in the spheres of agriculture, forestry, and fishery, by 5.9% in the sphere of accommodation of tourists and public catering, by 3.5% in the area of trade and repair of transport facilities, by 1.5% in the area of industry, by 0.55% in the area of transport and storehouse services, by 3.3% in other service sectors, and decreased by 6.4% in the area of construction.