Azerbaijan's GDP grows by 3%

17 April 2019 19:46 (UTC+04:00)

By Trend

Azerbaijan’s GDP exceeded 18.1 billion manats in January-March 2019 that is 3 percent more than in January-March 2018, Trend reports referring to the State Statistical Committee.

The volume of GDP per capita stood at 1,835.1 manats.

Some 46 percent of Azerbaijan’s GDP accounted for industrial sphere, 5.5 percent – for construction, 2.8 percent – for agriculture, forestry and fishery.

Net taxes on production and import accounted for 8.2 percent of Azerbaijan’s GDP.

According to the report, 10.2 percent of the GDP, produced in the service sector, accounted for trade and maintenance of vehicles, 6.6 percent – for transport and storage, 2.6 percent – for accommodation of tourists and catering, 1.7 percent – for information and communication services, 16.4 percent – for other services.

(1 USD = 1.7 AZN on April 17)

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