Azerbaijan’s economy increases by 0.3% year-on-year

In January-October, 2011, AZN 40.7 bln-GDP was produced in Azerbaijan, up 0.3% or AZN 95.8 mln compared to last year.

State Statistical Committee says AZN 27.8 bln or 68.4% of GDP was produced in food production spheres, AZN 10.5 bln or 25.7% in services sphere, AZN 2.4 bln or 5.9% fell on share of net taxes on imports.

During the reporting period, AZN 4,499.7-net output per head was produced in the country. Net output production in non-oil sector rose 8.6%, but decreased by 7.8% in oil sector.


/APA/