Azerbaijan GDP in the first 2 months of 2012

Azerbaijan GDP in the first 2 months of 2012

Azerbaijan produced AZN 8 bln-GDP, in January-February, 2012, up 0.5% from year earlier. State Statistical Committee says, during the reporting period, GDP in the non-oil sector grew by 7.1% to 42.6%, while GDP in the oil and gas sector declined by 4.5%.  In this case, 60.5% of GDP have fallen to the share of industry, 2.5% – agriculture, hunting and forestry (an increase of 2.8%), 5% – transport (1.6%), 5% – construction 6.9% – wholesale and retail trade, repair of motor vehicles, household appliances and personal items (9%), 1.3% – hotel and restaurant services (17.7%), 1.6% – the ICT sector (14.1%), 11.3% – social and other spheres.

APA

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