Azerbaijan's economy sees 4.1% growth in 2024, Azerbaijani PM says

  14 March 2025    Read: 487
  Azerbaijan

In 2024, Azerbaijan's GDP amounted to 126.3 billion manat ($74.2 billion), reflecting a 4.1% real increase year-on-year, said Prime Minister Ali Asadov, AzVision.az reports.

As he addressed the discussion of the Cabinet of Ministers' report on its 2024 activities at today's plenary session of the Parliament, Asadov highlighted that in 2024, the GDP in the oil and gas sector grew by 0.3%, while the non-oil and gas sector saw a 6.2% increase.

"The non-oil industry grew by 7.3%. GDP per capita rose by 3.6%, reaching 12,400 manat ($7,300)," the PM added.


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