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Monday, April 17, 2006

Azerbaijan's Q1 GDP rockets 39.5% year on year to over $3.5 bln

BAKU, April 17 (RIA Novosti, Gerai Dadashev) - Azerbaijan's state statistics agency said Monday the country's GDP had risen 39.5% in the first three months of 2006 against the same period last year, to about $3.545 billion. The agency said in a statement that industry had posted year-on-year growth of 58.7%, and accounted for 68.6% of GDP. The services sector share in GDP had slipped by 7.1% to 24.3% in the same period, the committee said. GDP per capita in the same period grew 37.9% year on year to $423.4, the committee said.

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