According to the report of the State Statistics Committee, in January-October, 106.4 billion manats worth of gross domestic product (GDP) was produced in Azerbaijan, which is 1.3 percent more compared to the same period in 2024; a 2.1 percent decrease was recorded in the oil and gas sector, and a 3.1 percent increase in the non-oil/gas sector. GDP per capita is indicated as 10,392.6 manats.
Medianews.az reports that in industry there was a 1.2 percent decline (2.2 percent decrease in the oil and gas sector, 4.9 percent increase in the non-oil/gas sector), and in agriculture a 1 percent increase (0.4 percent in livestock, 1.5 percent in crop production) was recorded.
According to the statement, there was a 1.3 percent increase in investment, an 8.5 percent increase in the volume of information and communication services, a 2.3 percent increase in cargo transportation, and a 5.3 percent increase in passenger transportation in the transport sector.
It is reported that consumer prices increased by 5.7 percent, prices of food products, beverages, and tobacco products rose by 6.9 percent, prices of non-food goods increased by 2.6 percent, and prices of paid services rose by 6.6 percent; the average nominal monthly salary of wage workers reached 1,087.7 manats as of October 1, and the nominal income of the population increased by 8.1 percent.
It is noted that 32 billion 891.4 million manats were received to the state budget in ten months, and 27 billion 720.6 million manats were spent from the budget.
Toğrul Əli,
Medianews.az
