Posted by Administrator on March 29, 2018 · Leave a Comment
The Azerbaijani economy in the first two months of 2018: Brief Overview
CESD – the Center for Economic and Social Development – concluded its macro-economic survey results for the first two months of 2018. According to the State Statistic Committee of Azerbaijan, Gross Domestic Product (GDP) increased by 1.3% in January-February 2018 compared with the same year of previous year: The CESD’ figure for the same period was 0.9%.
The GDP totaled... Read More
Posted by Administrator on March 30, 2017 · Leave a Comment
Azerbaijan Economy in the first two months of 2017; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first two months of 2017. Both independent and official reports show that GDP slightly increased in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP increased by 0.4 % in the first two months of 2017 compared with the period of 2016 since CESD calculations... Read More
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Posted by Administrator on July 25, 2014 · Leave a Comment
Inflation comes in higher than expected
“The macroeconomic indicators are positive, and the trend will continue throughout the second half of this year,” Chairman of the Center for Economic and Social Development Vugar Bayramov told local press. “But, a look at specific sectors of the economy shows that there would be a price hike in the consumer market,” the experts said.
It is expected that in August and September the prices... Read More
Filed under News · Tagged with Azerbaijan Economy, Azerbaijan economy 2014, Azerbaijan GDP, Azerbaijan inflation, Azerbaijani economy, Azeri GDP, GDP 2014, GDP Azerbaijan 2014, inflation, inflation Azerbaijan, Inflation comes in higher than expected, inflation rate, price, Vugar Bayramov
Posted by Administrator on February 20, 2014 · Leave a Comment
Azerbaijan Economy in January, 2014; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first month of year on February 20, 2014. Independent calculated data show that decline in oil production and oil export will continue in 2014, too. Meanwhile, the government reports also proof that decline in oil export continue in January, 2013. State Oil Company of Azerbaijan (SOCAR) has recently... Read More
Filed under News · Tagged with 2014 GDP Azerbaijan, 2014; Brief Overview, Azerbaijan Economy in January, Azerbaijani economy, GDP 2014, GDP Azerbaijan, GDP in Azerbaijan 2014, non-oil sector in Azerbaijan, oil income Azerbaijan, oil output Azerbaijan 2014, oil output in Azerbaijan, oil sector in Azerbaijan
Posted by Administrator on January 9, 2012 · Leave a Comment
Is nonoil sector reached 47% in GDP?
GDP increased in 2011 and a 9.5% growth was achieved in nonoil sector.
According to sources in the Ministry of Economic Development, the statement came from Economic Development Minister Shahin Mustafayev, Gun.Az reports.
He was speaking at the collegiate sitting on by results of the year.
He said the nonoil share in GDP reached 47.3% in 2011.
In the same year, foreign investors showed greater attention to... Read More
Posted by Administrator on January 5, 2012 · Leave a Comment
Azerbaijan Economy in 2012; expectations and challenges
Official forecasts for Azerbaijani economy in 2012 seem quite optimistic. According to Ministry of Economic Development reports although downturn in world economy. The Government of Azerbaijan (GoA) targets 5,7 % GDP Growth in 2012 meanwhile The Central Bank’s monetary policy is announced keeping inflation to single digits. Meanwhile, International Monetary Fund (IMF) projected at 7,1 % Azerbaijan’s... Read More
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