BAKU, Azerbaijan, July 19
By Fidan Babayeva - Trend:
Azerbaijan’s gross domestic product (GDP) decreased by 2.7 percent from January through June 2020 compared to the same period of 2019, and amounted to 33.8 billion manat ($19.9 billion), Trend reports citing the Azerbaijani State Statistics Committee.
Added value decreased by 2.9 percent in the oil and gas sector of the economy and by 2.5 percent in the non-oil sector.
In the structure of GDP, 35.7 percent accounted for industry, 11.3 percent - for trade and repair of vehicles, 7.5 percent - for transport and storage, 5.6 percent - for construction, 7 percent - for agriculture, forestry and fisheries, 2.1 percent - for hospitality and catering, 2 percent - for information and communications, 19.1 percent - for other sectors, while net tax revenue from product imports amounted to 10.63 percent of GDP.
The country’s GDP per capita amounted to 3,393.7 manat ($1,999.2).
(1 USD = 1.7 AZN on July 19)
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