Azerbaijan's economy continues to grow
By Trend
Azerbaijan’s GDP volume reached almost 37.01 billion manats in January-June 2018 that is 1.3 percent more than in January-June 2017, according to a report of the State Statistics Committee.
The volume of GDP per capita stood at 3.77 million manats.
In January-June 2018, the volume of GDP produced in the non-oil sector of Azerbaijan increased by 2 percent compared to 1H2017, while in the oil and gas sector there was an increase of 0.1 percent.
During the reporting period, except for the construction sector, growth was observed in all spheres of the economy. Thus, the sphere of agriculture, forestry and fisheries grew by 7.6 percent, accommodation of tourists and catering by 7.4 percent, transport and storage - 7.1 percent, information and communication services - 4.9 percent, trade and repair of vehicles - 2.4 percent, industry - 1.2 percent, other areas - 0.6 percent.
The construction sector decreased by 10.5 percent.
The official rate for July 16 is 1.7 AZN / USD.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!