Posted by Administrator on September 17, 2012 · Leave a Comment
Dramatic Decreasing in Azerbaijan Industry
Industrial production fall 3,3 % and oil sector down 5,4 %
23.0 billion manat products were produced in industrial sector of Azerbaijan in the first 8 months of 2012. Industrial production decreased by 3,3 % in this period compare the same stage in 2011.
Meanwhile, the State Statistical Committee reports that production in non-oil sector grew by 7.9%, while production in oil sector dropped 5.4%. GDP increased... Read More
Filed under News · Tagged with Azebaijan industry production, Azerbaijan GDP, Azerbaijan Industry, Azerbaijan oil, Azerbaijan oil production, development of the non-oil sector in Azerbaijan, industrial sector of Azerbaijan, non-oil economy share in GDP in Azerbaijan, non-oil GDP, non-oil sector, non-oil sector in Azerbaijan, oil sector, oil sector of Azerbaijan, State Statistical Committee
Posted by Administrator on June 15, 2012 · 1 Comment
World Bank has lowered the forecast GDP Growth in Azerbaijan
World Bank (WB), published a Global Economy Prospects Report. The Bank forecasts Azerbaijan’s GDP Growth by 3.1% in 2012, 3.5% in 2012, and 4.5 % in 2014. At the same time a surplus current account in Azerbaijan this year will be as expected in the WB, 24.9% of GDP next year – 21.6%, and in 2014 – only 18%.
Vugar Bayramov, the chairman of the Center for Social and Economic... Read More
Filed under News · Tagged with Azerbaijan economy in 2012, Azerbaijani economy 2012, Azerbaijani economy in 2011, Azerbaijani economy in 2012, Azerbaijan’s economy, Center for Economic and Social Development, CESD, CESD forecast for Azerbaijani economy, development of the non-oil sector in Azerbaijan, forecast for Azerbaijani economy, GDP Growth Forecast for Azerbaijan, GDP Growth in Azerbaijan, IMF Azerbaijan Economy forecast, non-oil economy share in GDP in Azerbaijan, Non-oil GDP Growth, non-oil GDP of Azerbaijan, oil GDP, oil GDP Azerbaijan, oil income Azerbaijan, oil money, oil price in Azerbaijan budget, the growth in non-oil sector, the growth in non-oil sector in Azerbaijan, World Bank forecast Azerbaijan economic growth 2012, World Bank forecast for Azerbaijan
Posted by Administrator on March 21, 2012 · Leave a Comment
Azerbaijan Economy Since Independence; Independent View
Azerbaijan Economy Since Independence; Independent View
The CESD report analyzes Azerbaijan Economy since independence which has been through economic crisis, stability, and rapid development. All these steps taken toward development have been remembered ever since for both their uniqueness as well as their conformity to economic realities: firstly, the recession (1992-1995) recovery (1996-1997),... Read More
Filed under News · Tagged with Azerbaijan Economy, Azerbaijan independence, Azerbaijan state budget, Azerbaijan's real GDP, Azerbaijani top NGO, Azerbaijani top think tank, Azeri top think tank, banks in Azerbaijanance, Center for Economic and Social Development, Center for Economic and Social Development (CESD) Azerbaijan, CESD, currency rate in Azerbaijan, economic crisis, economic problems in Azerbaijan, economic success in Azerbaijan, economic system in Azerbaijan, exchange rate in Azerbaijan, financial system in Azerbaijan, GDP Growth Forecast for Azerbaijan, GDP growth rates in Azerbaijan, GDP per capita in Azerbaijan, Insurance System in Azerbaijan, non-oil economy share in GDP in Azerbaijan, non-oil GDP, Non-oil GDP Growth, nonoil share in GDP in Azerbaijan, oil GDP of Azerbaijan, oil production, oil revenue in Azerbaijan, oil sector in Azerbaijan, public revenue Azerbaiian, rapid development, reliance on oil revenues of Azerbaijan, stability, State Budget, state budget revenue, state budget revunues of Azerbaijan
Posted by Administrator on January 11, 2012 · Leave a Comment
IMF Adjusted its Economic Growth Forecast for Azerbaijan
The International Monetary Fund (IMF) has adjusted its forecast for GDP Growth in Azerbaijan from 7, 1 %, to 5,7 %. It should be reminded here that IMF has early projected Azerbaijan’s economic growth at 7.1 percent in 2012 and at 2.3 percent in 2016. The IMF said the forecast is based on the fact the country`s 2012 budget is based on an average oil price of $80 per barrel, while an average... Read More
Filed under News · Tagged with Azerbaijan, Azerbaijan Central Bank, Azerbaijan’s economic growth, Center for Economic and Social Development, CESD, Economic Growth, Economic Growth Forecast, Government of Azerbaijan, Gross Domestic Product, IMF, non-oil economy share in GDP in Azerbaijan, non-oil sector, oil dependency, oil price, State Oil Fund, The International Monetary Fund
