Azerbaijan sees increase in GDP

Finance Materials 12 August 2021 13:10 (UTC +04:00)
Azerbaijan sees increase in GDP

BAKU, Azerbaijan, Aug. 12

By Zeyni Jafarov - Trend:

The GDP of Azerbaijan increased by 2.7 percent from January through July 2021 and exceeded 47.2 million manat ($27.7 million), Trend reports citing the State Statistical Committee of Azerbaijan.

At the same time, value-added in the oil sector decreased by 3.1 percent, and in the non-oil sector - increased by 5.3 percent.

In the first 7 months of this year, GDP per capita in the country amounted to 4,720.8 manat ($2,777), which is 17.6 percent more compared to the same period of last year, the report said.

The Ministry of Economy predicts the growth of Azerbaijan's GDP in 2021 at 3.4 percent.


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