Azerbaijan's GDP grew by 1.5 %

17:26 - 11.07.2025


July 11, Fineko/abc.az. Over Jan-Jun 2025, nominal GDP produced in Azerbaijan reached 62.78 billion manats (a rise of 1.5% in real terms aainst the 2024 same term.

ABC.AZ reports, referring to the State Statistics Committee, that for the first 6 months of 2025, decline in the oil & gas sector of the economy made up 3.1%, while the non-oil & gas sector increased by 3.9%.

In the structure of GDP, industry accounted for 34.9%, trade in vehicles and their repair - 10.2%, transport and warehousing - 7%, construction – 6.3%, agriculture and forestry, fish farming – 5.9%. The share of the tourism sector and catering facilities was 2.8%, the information & communications sector - 1.8%, and other sectors of the economy - 21.1%. The share of taxes in GDP is 10%.

GDP per capita for Jan-Jun 2025 reached 6,066 manats.