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Dynamic of gdp change due to consumption

Politics Materials 6 June 2007 12:02 (UTC +04:00)

In January to April 2007 the GDP calculated through the consumption method comprised AZN 4.716.8mln, or 31.5times less than the GDP ratio calculated by the State Statistics Committee through the production method

Drop was observed in the special weight of investment consumption in the total amount of aggregate consumption from 41% in 2006 to 35.9% in 2007.

Special weight of aggregate consumption demand rose from 48.6% in January 2006 to 51.7% in 2007.

Public consumption grew both in absolute and relative prices. The expenses for purchase of goods and services rose 43.4%, while the special weight grew from 7.4% to 9.1% in the structure of consumption.

In January to April 2007 local production failed to cover domestic demand, while import covered the considerable part of demand. As to foreign demand on local export product it remains to be high, while the export sector speeds up. The special weight of export in GDP rose from 2.9% in January to April 2006 to 3.3% in January to April 2007.

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