Azerbaijan posts economic growth in eight months
BAKU – Azerbaijan’s gross domestic product grew 1.1 percent, or by $370 million, in January-August 2011 compared to the same period of last year to reach $39.1 billion, the country’s statistics committee said.
Production accounted for 66.8 pct of the GDP, with over half of the volume made up by industrial production, 7.3 pct by the construction sector, and 6.2 pct agriculture.
Per capita GDP constituted $4,320 in the first eight months of 2011.
Non-oil sector GDP grew 8.5 pct, while the oil sector decreased 6.2 pct.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!