Azerbaijan sees 4% decline in economy

  17 October 2016    Read: 1042
Azerbaijan sees 4% decline in economy
In January-September 2016, the Gross Domestic Product (GDP) made AZN 43,436,300,000, including per head GDP amounted to AZN 4,512,500,000.
State Statistical Committee told that 65.7% of GDP was formed in non-oil sectors, 34.3% in oil and gas sector.

The value added rose 5.5%in information and communication sector, 2.4% in forestry, agriculture and fishery, 2.3% in trade, repair of transport facilities, 1.8% in tourism accommodation and catering, 1% in industry, declined 32% in construction, 1.2% in transport and storehouse, 2.5% in other spheres of economy.

Decrease in production of construction caused 3.9% decline of GDP compared to a year earlier.

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