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In January-May 2024 gross domestic product in amount of 48026,0 million manats was produced in the country.In January-May 2024, investments at 6640,9 million manats were directed to fixed assets.For the state of May 1, 2024 number of employees engaged in the country economy made 1749,7 thsd. persons.In January-April 2024 4,3 percent more gross domestic product was produced in the country.In January-March 2024 average monthly nominal salary in the country made 985,3 manats.In January-April 2024, investments at 5230,4 million manats were directed to fixed assets.In January-February 2024 gross domestic product in amount of 18576,9 million manats was produced.In January 2024 industrial products at 5,2 billion manats were produced.For the state of 1st January of the current year winter crops for grain and green feed were sown in the area of 1025,4 thousand hectare.For the state of December 1, 2023 number of employees engaged in the country economy made 1732,6 thsd. persons.In January-April 2023, retail trade turnover increased by 2.9 percent in real terms.The foreign trade turnover of the country in January-March 2023 made 12269,3 million USD.In January-April 2023 the Republic of Azerbaijan received 522,9 thousand foreigners and stateless persons.50.2% of the total population of the country was women for the beginning of 2023.In January-March 2023, 368.9 thousand foreigners and stateless persons arrived in the Republic of Azerbaijan.In January-February 2023, retail trade turnover increased by 2.8 percent in real terms.In January-February 2023, the consumer price index was 113.9% compared to January-February 2022.50,2 percent of total number of population made up women to the beginning of 2023In 2022 cargo transportation in Azerbaijan side of the Europe-Caucasus-Asia Transport Corridor was 51420,6 thousand ton.Industrial products at 6,5 billion manats were produced in January 2023.

Industrial output in January-March 2024

09.04.2024, 12:00

In January-March 2024 industrial products at 15,7 billion manats were produced by industrial enterprises and individual entrepreneurs operating in this field. The product output in the oil-gas sector compared to the corresponding period of 2023 increased by 0,2 percent, while in the non-oil and gas sector it increased by 7,8 percent.

64,5 percent of industrial products were produced in the mining sector, 29,0 percent in the manufacturing sector, 5,7 percent in the production, distribution and supply of electricity, gas and steam, and 0,8 percent in the sector of water supply, waste management and remediation activities.

Marketable oil production in the mining sector decreased by 6,0 percent, while marketable gas production increased by 5,4 percent.

Production of metallurgical industrial products in the manufacturing sector increased by 49,7 percent, production of furniture by 39,0 percent, leather and leather products and shoes by 37,3 percent, construction materials 34,4 percent, rubber and plastic products by 26,2 percent, production of beverage by 24,5 percent, production of clothes by 21,1 percent, production of electrical equipment by 16,8 percent, chemical industrial products by 16,7 percent, tobacco products by 15,6 percent, textile industry products by 9,0 percent, production of computer, electronic and optical products by 7,9 percent, production of oil products by 5,4 percent, paper and cardboard by 2,0 percent, installation and maintenance activities of machine and equipment by 1,3 percent, pharmaceutical products by 0,9 percent, while production of finished metal products decreased by 0,1 percent, automobile, trailers and semi-trailers by 0,4 percent, production of food products by 2,6 percent, polygraphy products by 4,0 percent, machine and equipment by 19,5 percent, wood manufacturing and production of wood products by 16,3 percent, production of other vehicles by 45,1 percent, other industrial products by 46,9 percent,.

Production volume in the sector of electricity, gas and steam production, distribution and supply decreased by 5,2 percent, while in the sector of water supply, waste management and remediation activities it increased by 6,6 percent.

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