Azerbaijan’s GDP up by 2.2% y/y in Jan-Nov

By bne IntelliNews December 16, 2014

Azerbaijan’s GDP grew by 2.2% y/y between January and November, amounting to AZN53.7bn ($68.5bn), the State Statistical Committee (SSC) reported on December 15. GDP per capita equaled AZN5,710 ($7,291).

The share of the non-oil sector reached 59.8%, up by 6.5% from the same period in 2013. A sector breakdown shows 42.6% in industry, 12.5% in construction, 5.1% in agriculture, forestry and fishing, and 32.5% in services. 

According to SSC data, the average monthly income increased by 1.9% y/y, amounting to AZN324.8 ($414).

 

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Maltese journalist that revealed corruption in Malta, Azerbaijan murdered

Daphne Caruana Galizia, a Maltese journalist and blogger that uncovered corruption at the highest levels in Malta and Europe, died in a car bomb explosion on October 16. The journalist, whom Politico ... more

Azerbaijan's flag carrier Azal in expansionary mood

Azerbaijan's flag carrier, Azerbaijan Airlines (Azal), is planning to set up a free economic zone at the international airport in Baku that serves as its base and to purchase four Boeing 787 aircraft ... more

Turkey-based Eurasian development bank ETDB signs memo to boost return to Iran

The Central Bank of Iran (CBI) and the Turkey-based ECO Trade and Development Bank (ETDB) have signed a memorandum on strengthening bilateral ties, the CBI said on October 10. ETDB is a Eurasian ... more

Most Read

  1. KRUK REPORT: Is Ukraine changing its Donbas policies?
    7 days ago
  2. Poland rises, Croatia surprises on CEE Fast 50
    3 days ago
  3. Russia's trade with China up 22% to $61bn
    4 days ago
  4. Iraq says Russian oil deal with Kurdistan is illegal
    20 hours ago
  5. Putin aide: Bringing Azerbaijan under Kremlin's influence would solve Nagorno-Karabakh conflict
    4 days ago
  1. Russia to bring in record breaking harvest of 127mn tonnes
    21 days ago
  2. STOLYPIN: Russia balances wargames with mindgames in Zapad exercises
    1 month ago
  3. Investors ask which Russian bank domino will be the next to topple
    27 days ago
  4. Eastern Europe’s blockchain revolution
    15 days ago
  5. INTERVIEW: de Villepin says Ukraine should declare itself neutral
    12 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss