Azerbaijan’s GDP increased last year: Minister

  23 January 2023    Read: 254
  Azerbaijan’s GDP increased last year: Minister

Azerbaijan's GDP increased in 2022, Economy Minister Mikayil Jabbarov said on Twitter, News.Az reports.

Jabbarov noted that this figure amounted to 133.8 billion manat ($78.7 billion), up by 4.6 percent on annual basis.

The minister added that non-oil and gas GDP last year grew by 9.1 percent - up to 69.82 billion manat ($41.07 billion).

A total of 51.1 percent in the structure of GDP accounted for industry, 8.2 percent - trade and repair of vehicles, six percent – on transport and storage, 4.8 percent –agriculture, forestry, and fish farming, 4.8 percent – on construction, 1.6 percent – on tourism sector, as well as 1.4 percent – on information and communication. Besides, 14.7 percent accounted for other economic sectors.


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