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Azerbaijan discloses volume of GDP in Nakhchivan in 1H2020

Finance Materials 29 July 2020 20:53 (UTC +04:00)
Azerbaijan discloses volume of GDP in Nakhchivan in 1H2020

BAKU, Azerbaijan, July 29

By Fidan Babayeva – Trend:

The volume of GDP of Azerbaijan’s Nakhchivan Autonomous Republic amounted to 1.3 billion manat ($764 million) in the first half of 2020, Trend reports citing a report from the State Statistics Committee of the Nakhchivan Autonomous Republic.

In accordance with the data, the volume of GDP of the Nakhchivan Autonomous Republic is by 1.1 percent more than in the same period of last year.

GDP per capita from January through June 2020 amounted to 2.847 manat ($1.674) increasing by 1.7 percent compared to the same period of last year.

Industry ranks first in terms of its share in the Nakhchivan Autonomous Republic’s GDP. The products worth 561.5 million manat ($330.3 million) were produced from January through June 2020, which is one percent more than in the same period of 2019.

Some 562.3 million manat ($330.8 million) was directed from all financial sources of the Nakhchivan Autonomous Republic within the investments in fixed assets from January through June 2020, which is 1.4 percent more than in the same period of 2019.

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