BAKU, Azerbaijan, September 12. Azerbaijan's GDP grew by 0.8 percent from January through August 2023 year-on-year (up to 80.09 billion manat, which is $47.1 billion), Trend reports.
According to the State Statistics Committee of Azerbaijan, in the reporting period of 2023, value added in the non-oil sector grew by 2.6 percent, while in the oil and gas sector it decreased by 1.1 percent year-on-year.
In the GDP structure, the share of industry in the period amounted to 42.4 percent.
According to the State Statistics Committee, 9.5 percent of the GDP structure came from trade and repair of vehicles, 6.2 percent from transport and warehousing, 4.8 percent from construction, 6.1 percent from agriculture, forestry, and fish farming, 2.4 percent from the tourism sector, and 1.6 percent from information and communication. Other sectors of the economy accounted for 17.6 percent of GDP.
Net import tax revenues amounted to 9.4 percent of GDP from January through August 2023.
GDP per capita in Azerbaijan amounted to 7,895 manat ($4,644) from January through August 2023.
Also, Azerbaijan's GDP in 2022 increased by 4.6 percent year-on-year, up to 133.8 billion manat ($78.7 billion).