Baku, Azerbaijan, Nov. 18
By Azad Hasanli - Trend:
A volume of Azerbaijan's GDP amounted to 45.9 billion manat in January-October 2015 or by 3.3 percent more than in the same period of 2014, the Azerbaijani State Statistics Committee's report as of January-October 2015 said.
The non-oil sector of the economy increased by 5.2 percent compared to the same period of 2014. Its share in the country's GDP hit 69.2 percent or by 9.3 percentage points more than in the same period of 2014.
The volume of value added production in the oil and gas extraction and processing hit 30.8 percent of GDP or by 0.5 percent more compared to the same period of 2014.
Some 53.6 percent was formed in the field of production during this period. The value added share generated in industry makes up 33.8 percent (15.5 billion manat), construction was 13.8 percent (6.3 billion manat), agriculture, forestry and fishery was 6.2 percent (2.8 billion manat).
Net taxes on products and imports amounted to 7.6 percent of Azerbaijan's GDP.
Some 38.6 percent of the gross output was created in the sector of services.
Around 9.8 percent (4.5 billion manat) of GDP in the sector of services accounted for the trade and repair of vehicles, 5.3 percent (2.45 billion manat) - transport and warehousing, 2.6 percent (1.2 billion manat) - tourist accommodation and catering sphere, 2 percent (898.7 million manat) - the information and communication services, 18.9 percent (8.68 billion manat) - social and other services.
The volume of value added production in Azerbaijan`s construction sector increased by 2.6 percent, tourist accommodation and catering - 14.1 percent, information and communication services - 8.1 percent, trade and repair of vehicles - 11.2 percent, industry - 0.8 percent, agriculture, forestry and fishery - 6.7 percent, other services - 2.9 percent in January-October 2015 compared to the same period of 2014.
The official exchange rate is 1,051 AZN/USD Nov. 18.
