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Thursday December 26 2024

Nakhchivan's GDP and industrial output show positive growth

16 July 2024 11:38 (UTC+04:00)
Nakhchivan's GDP and industrial output show positive growth
Nazrin Abdul
Nazrin Abdul
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From January to June of the current year, the Nakhchivan Autonomous Republic's Gross Domestic Product (GDP) reached 674.38 million manats, reflecting a 1.7% increase compared to the same period in 2023, Azernews reports.

According to the State Statistics Committee of Nakhchivan AR, the GDP per capita during this period rose by 1.1%, reaching 1,437.60 manats.

In addition, industrial production in the autonomous republic amounted to 255.56 million manats from January to June, marking a 3.9% increase over the corresponding period last year. Of this total, 229.09 million manats (89.6%) were attributed to goods, while 26.46 million manats (10.4%) were from services.

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