Azerbaijan sees 0.8% rise in economy, January-May

In January-May, 2011, AZN 17.6 bln GDP was produced by enterprises and organizations, as well individuals in Azerbaijan, up 0.8% from year earlier.

According o State Statistical Committee, 65% of GDP was produced in output production, 28.7% in service spheres, 6.3% came from net taxes for product and import.

“Per head GDP amounted AZN 1,952.4 ($ 2,459.9), up 51% from year ago”, said the Committee.

Note that, 52.3% of value added was produced in oil sector and decreased by 4.3% during the same period, 6.6% rose in non-oil sector.


/APA/