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Minister: Share of Azerbaijani economy exceeds 83 percent among South Caucasus countries

Business Materials 8 October 2011 13:52 (UTC +04:00)
Share of the Azerbaijani economy among the South Caucasus countries in the first half exceeded 83 percent, Azerbaijani Economic Development Minister Shahin Mustafayev said at a meeting with buyers and producers of competitive industrial products, held in Sumgayit industrial park on Saturday.
Minister: Share of Azerbaijani economy exceeds 83 percent among South Caucasus countries

Azerbaijan, Baku, Oct.8 / Trend, N. Ismayilova /

Share of the Azerbaijani economy among the South Caucasus countries in the first half exceeded 83 percent, Azerbaijani Economic Development Minister Shahin Mustafayev said at a meeting with buyers and producers of competitive industrial products, held in Sumgayit industrial park on Saturday.

"So, if today Azerbaijan's GDP is $28.4 billion, Georgia's GDP hits $3.5 billion, Armenia's GDP - $2.2 billion," Mustafayev said. "Thus, GDP, accounting for Azerbaijan's non-oil sector is higher than total GDP of both countries," he said.

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