BAKU, Azerbaijan, June 23. The gross domestic product (GDP) of Azerbaijan's Nakhchivan Autonomous Republic (NAR) increased by 1.8 percent from January through May 2022 against the same period of 2021, Trend reports citing the State Statistical Committee of the NAR.
In the reporting period, Nakhchivan's GDP exceeded 1.5 billion manat ($882.8 million).
As the Committee reported, the industrial output in the first five months of 2022 rose above 472.47 million manat ($278.08 million), up by 1.7 percent compared to the same period of 2021.
GDP per capita in the Nakhchivan Autonomous Republic during this period amounted to 2,267 manat ($1,334), which was 2.2 percent more than from January through May 2021.