Azerbaijan GDP Grows More in January-June 2024
2024-07-10 11:33
By
Tiago Campos
1 min. read
Azerbaijan's economy expanded by 4.3% year-on-year in January-June 2024, accelerating from a 4.2% growth in January-April and a 0.5% rise in the same period of 2023.
The non-oil & gas sector increased by 6.9% from a year ago, while the oil & gas sector edged up by 0.6%.
From the production side, the strongest contributions came from industry (38.5%) and retail trade (9.5%).
Additional support was seen in transportation & storage (7%) and construction (5.8%).