August 11, 2023
In January-May 2023 gross domestic product in amount of 49580,8 million manats or 0,7 percent more compared to the same period of previous year was produced in Azerbaijan. Value added produced in oil-gas sector of the economy decreased by 2,5 percent, while in non-oil and gas sector it increased by 4,0 percent. 45,5 percent of GDP was produced in industry, 9,1 percent trade; vehicle repair areas, 6,1 percent transport and warehouse, 4,5 percent construction, 3,6 percent agriculture, forestry and fishing, 2,2 percent tourists’ accommodation and public catering, 1,6 percent information and communication, 17,9 percent other fields, 9,5 percent net taxes on product and import. GDP per capita had been equal to 4890,6 manats.
Source: The State Statistical Committee of the Republic of Azerbaijan
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