Azerbaijan Economy in 2013

Azerbaijan Economy in 2013 The State Statistic Committee reports that industry production increased by 1,8 % in non-oil sector and 10,0 % in oil sector. Meanwhile, state bodies believe that oil GDP increased by 0,1 % last year. CESD household survey and expert modeling has come to conclusion that both total GDP and non-oil GDP increased in 2013, however, CESD figures are not the same with official ones. Some official figures, however, even do not... Read More

Azerbaijan Economy in The First Three Quarters of 2013; Brief Overview

Azerbaijan Economy in The First Three Quarters of 2013; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first three quarters of year on October, 17, 2013. CESD calculations confirm that, there were growth in GDP in the indicated period, however, it does not match official figures which reported by State Statistics Committee of Azerbaijan. According to the state committee, GDP increased... Read More