Production of Gross Domestic Product in 2016
In 2016 gross domestic product in amount of 59987.7 million manats or less for 3.8% of 2015 have been produced by country residents. The main reason of decrease was reduction of value added in construction sector for 27.6% compared to the 2015.
At the same time, during this period value added production in information and communication areas increased by 4.5%, in agriculture, forestry and fishing – 2.6%, trade and repair of vehicles – 1.5%, industry – 0.4%, accommodation of tourists and public catering – 0.1%.
Last year value added in industry has been created in amount of 22434,5 million manats, in trade and repair of vehicles – 6152,2 million manats, in construction – 6004,4 million manats, in transport and storage – 4102,4 million manats, in agriculture, forestry and fishing – 3369,6 million manats, in accommodation of tourists and public catering – 1436,3 million manats, in information and communication – 1060,2 million manats.
10836,9 million manats of GDP was produced in other areas of economy, net taxes on product and import made 4591,2 million manats.
Last year 39403,1 million manats (65.7%) of GDP was share of non-oil areas of economy, 34.3% (20584,6 million manats) - oil-gas sector.
Value of GDP per capita was 6223.8 manats.
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