Macro-economic figures for the first 7 months of 2011 in Azerbaijan

Macro-economic figures for the first 7 months of 2011 in Azerbaijan

Independent assessment does not support official results

According to the State Statistic Committee of Azerbaijan Republic, Gross Domestic Products (GDP) reached AZN 26.5bn, in January-July, 2011, up 1.1% or AZN 267.9m from year earlier. The committee publicized that, 66.7% of GDP was produced in industry spheres, 6% in agriculture.  Share of service spheres in value added made 27.4%, as well 6.2% in transport, 84% in trade and payable services, 1.7% in communication, 11.1% in social and other services. 5.9% of GDP concerned to net taxes for product and import. The value added in non-oil sector rose 8.5%, decreased by 5.9% in oil-gas sector, the committee concluded.

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