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Monday, December 16, 2024

Home Business Azerbaijan’s GDP up by 5.6 pct

Azerbaijan’s GDP up by 5.6 pct

by News desk
February 28, 2022
in Business

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Economy Minister Mikayil Jabbarov has said that Azerbaijan’s GDP grow by 5.6 percent and the non-oil sector by 7.2 percent in 2021.

He made the remarks during the conference “Tax reforms for inclusive and sustainable development: towards voluntary actions through digital transformation”.

He noted that the country’s nominal GDP increased by AZN 11 billion ($6.4bn), compared to 2019, to AZN 93 billion The minister also stated that the production of products in the industrial zones in Azerbaijan in 2021 increased by 88.3 percent to AZN 2.4 billion ($1.4bn).—Azer News