BAKU, Azerbaijan, Sept. 14
By Sadraddin Aghjayev - Trend:
The volume of produced products and services rendered by industrial enterprises and individual entrepreneurs of Azerbaijan engaged in this area increased by 2.6 percent or 83.4 million manat ($49 million) from January through August 2021 and reached 32.1 billion manat ($18.8 billion), Trend reports citing the State Statistics Committee of Azerbaijan.
“The growth was due to a 0.3 percent reduction in oil and gas production. In the production of non-oil products, an increase of 18.4 percent was observed,” the report said.
According to the committee, about 62.5 percent of industrial production is mining, 31.6 percent - processing, 5 percent - production, distribution and supply of electricity, gas, and steam, and 0.9 percent - water supply.
The share of the non-state sector in the industry exceeds 80 percent. More than 90 percent of the total production accounted for industrial products and about 10 percent - by industrial services.
---
Follow the author on Twitter: agdzhaev