Today.Az » Business » Economic growth in Azerbaijan makes 0.8% in January-April
13 May 2011 [19:00] - Today.Az
The GDP rose 0.8% to AZN 13.7 billion in January-April, 2011, from a year ago.
The State Statistical Committee says 64.7% of GDP was reached in food production, 29% - service area, 6.3% - net taxes on product and import.
Production in non-oil sector rose 6.2%, decreased by 4% in oil-gas sector: "If production in oil-gas sector was 100%, GDP production might rise 3%".
At the same time, per head value made AZN 1,522.5 or $1,916.3, up 4.3% from a year ago.
Note that, according to forecasts of Azerbaijani government, country’s economy is expected to rise 3.8% in 2011. IMF forecasts GDP growth rate in Azerbaijan as 2.8%, EBRD and ADB – as 3.5% in 2011.
/APA/
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