Modern.az

Some economic indicators are decreasing in Azerbaijan

Some economic indicators are decreasing in Azerbaijan

Country

Today, 17:02

Some economic indicators decreased in Azerbaijan in January-April of this year.

Modern.az reports with reference to the State Statistics Committee that during the reporting period, oil and gas GDP decreased by 0.9 percent compared to the same period last year.

According to the information, the gross domestic product (GDP) amounted to 39 billion 875.1 million manats. Although the overall economic growth was 0.2 percent, a decline was recorded in some areas.

According to statistics, oil and gas GDP amounted to 12 billion 135 million manats. This indicator decreased by 0.9 percent compared to the same period last year, and by 1.2 percent compared to March.

In addition, there was a decrease in fixed capital investments directed to the non-oil and gas sector. Thus, investments in the non-oil and gas sector decreased by 12.4 percent compared to the corresponding period last year.

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