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Azerbaijan predicts production volume in agriculture for 2022

Economy Materials 10 November 2021 19:40 (UTC +04:00)

BAKU, Azerbaijan, Nov. 10

By Khagan Isayev - Trend:

The production volumes in agriculture, forestry and fisheries are expected to reach about 10.6 billion manat ($6.2 billion) in Azerbaijan in 2022, Trend reports on Nov. 10 referring to the Azerbaijani draft state budget for next year.

At the same time, the added value in the abovementioned sectors is projected at about 5.7 billion manat ($3.3 billion).

Moreover, the share of value-added in production is projected at 54.2 percent and this figure will remain unchanged over the next three years.

According to the draft state budget, real growth in the abovementioned sectors will reach 3.8 percent, 3.9 percent and four percent in 2023, 2024 and 2025, respectively.

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