BAKU, Azerbaijan, March 15. Azerbaijan produced 18.47 billion manat ($10.9 billion) in Gross Domestic Product (GDP) from January through February 2026, which is 0.3% more compared to the same period of the previous year, Trend reports via the State Statistical Committee.
The value addition in the oil and gas domain saw a decline of
1.7%, whereas the non-oil and gas sector experienced an uptick of
1.4%.
The composition of GDP production is delineated as follows: 32.7%
attributed to industry, 11.4% to trade and vehicle repair, 7.5% to
transport and warehousing, 3.9% to construction, 3.2% to
agriculture, forestry, and fishing, 2.8% to accommodation and food
services, 2.1% to information and communication sectors, and 24.1%
to various other sectors.
Net taxation on goods and imports represented 12.3% of the gross domestic product.