Production of Gross Domestic Product in 2017
According to initial information, in 2017 gross domestic product increased in amount of 70135.1 million manats or 1% in comparison with the same period of the last year in the country.
During this period value added produced in oil sector of economy compared to corresponding period of the previous year decreased by 5.0%, non-oil sector-2.7%, as well as, transport and warehouse- 8.5%, information and communication areas- 6.6%, accommodation of tourists and public catering- 5.9%, agriculture and forestry and fishing- 4.2%, trade; repair of vehicles- 2.5%, social and other services areas- 1.5% increased. At the same time, during same period of last year, non-oil sector production 3.7%, value added 3.8% increased.
40.1% of GDP was produced in industry, 10.4% – trade; repair of vehicles, 9.5% - construction, 6.8% - transport and warehouse, 2.3% - accommodation of tourists and public catering, 5.6% - agriculture, forestry and fishing, 1.6% - information and communication areas, 16.4% – other areas. Net taxes for product and import made 7.3% of GDP.
GDP per capital had been equal to 7205.0 manats.
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