Azerbaijan sees economic growth rate at 0.7%

In January-May, 2012, GDP production rose 0.7% to AZN 20.9 bln. The State Statistical Committee says 67.9% of GDP was production, 25.9% - service spheres, 6.2% - net taxes for product and import.

The production in non-oil sector rose 10.5%, in oil-gas sector – decreased by 6.5% in comparison to a year earlier.

Per head GDP made AZN 2,281.5 or $ 2,901.9. According to government’s forecasts, the GDP will increase by 4.6% to $59.3 bln. Per head GDP will make over $6,000.


/APA/