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GDP Growth Exceeds 27% in Azerbaijan

Business Materials 18 October 2007 14:49 (UTC +04:00)

Azerbaijan, Baku / corr Trend . I.Khalilova / The Gross Domestic Product of Azerbaijan increased by 27.1% within January-September 2007, the State Committee on Statistic reported. However, the figure by 1 October made up AZN 16608mln. The volume of GDP per head made up AZN 1,965,9 ($2,282).

The share of the production in GDP increased by 34.1% as compared to the same period in 2006 and made up 70.5% or AZN 1,171,0. The extra cost in the service sphere increased by 11.2%, the specific gravity in GDP decreased by 1.9% and made up 21.5% or AZN 3,564,3.

Net taxes from production and import amounted to 8% of GDP.

The volume of industrial GDP made up AZN 9616,8, in agriculture, hunting and forestry -AZN 865,2mln, in construction - AZN 1228mln, transport - AZN 902.6mln, communication - AZN 281.2mln, retail and wholesale automobile - AZN 953.9mln, restaurant and hotel sector - AZN 149.1mln, social and other services - AZN 1277.5mln.

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