BAKU, Azerbaijan, Jan.13
By Fidan Babayeva - Trend:
The gross domestic product (GDP) of Azerbaijan made up slightly over 72.4 billion manat ($42.6 billion) in 2020, down by 4.3 percent compared to 2019, Trend reports on Jan.13 citing the Azerbaijani State Statistical Committee.
According to the committee, in the reporting year value-added in the oil and gas sector of the economy decreased by 2.6 percent.
Meanwhile, the country’s GDP per capita made up 7,262 manat ($4,270), which is 5 percent less than in the previous year.
Azerbaijan's GDP in 2019 amounted to over 81.6 billion manat ($48 billion), and the real economic growth – 2.2 percent.
(1 USD = 1.7 manat on Jan.13)
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