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Azerbaijan's non-oil GDP growth hits record high in 1Q2022 – minister

Economy Materials 22 April 2022 11:07 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, April 22. Azerbaijan's non-oil GDP growth reached a record high in 1Q2022, compared to the same period last year and amounted to 10.3 percent, Azerbaijani Economy Minister Mikayil Jabbarov wrote on Twitter, Trend reports.

"The GDP of the non-oil and gas sector increased by a record 10.3 percent, compared to the first quarter of last year, and amounted to almost 15.1 billion manat ($8.8 billion). This is an important indicator of the accelerated recovery process in the Azerbaijani economy,” the publication says.

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