BAKU, Azerbaijan, January 16. Azerbaijan's gross domestic product (GDP) in 2023 amounted to 123 billion manat or $72.35 billion, real economic growth is estimated at 1.1 percent, Trend reports, referring to the State Statistics Committee (SSC).
Azerbaijan's GDP growth in 2022 amounted to 4.6 percent.
The growth rate of non-oil GDP in 2023 amounted to 3.7 percent, while the decline in the oil and gas sector amounted to 1.7 percent.
In the GDP structure, industry accounted for 40.5 percent, trade, and vehicle repair - 10 percent, transportation and warehousing - 6.2 percent, agriculture, forestry and fishery - 5.5 percent, construction - 6.2 percent, tourist accommodation and catering facilities - 2.2 percent, information, and communication sector - 1.7 percent, and other sectors - 18.6 percent.
The share of taxes in GDP amounted to 9.1 percent.
GDP per capita in 2023 amounted to 12,114.5 manat or $7,126.