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Azerbaijan's Nakhchivan Autonomous Republic sees annual increase in GDP

Finance Materials 17 May 2021 13:03 (UTC +04:00)
Azerbaijan's Nakhchivan Autonomous Republic sees annual increase in GDP

BAKU, Azerbaijan, May 17

By Zeyni Jafarov - Trend:

The GDP of the Nakhchivan Autonomous Republic of Azerbaijan increased by 0.7 percent from January through April 2021 compared to the same period of 2020, Trend reports citing the report of Nakhchivan’s State Statistical Committee.

According to the report, Nakhchivan's GDP in the reporting period reached 758.8 million manat ($446.3 million).

At the same time, the GDP per capita in the autonomous republic for the reporting period amounted to 1,643.2 manat ($966.5), which is a growth of 1.7 percent on annual basis.

In 2020, Nakhchivan's GDP amounted to 2.9 billion manat ($1.7 billion), which is 1.1 percent more compared to 2019.

(1 USD = 1.7 AZN on May 17)

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