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Azerbaijan's non-oil industry has increased

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Azerbaijan's non-oil industry has increased

In January-February 2016, the value of industrial goods production and services decreased by 0.1 percent and amounted to 4.3 billion manats.

According to the State Statistical Committee, production in non-oil sector grew by 4.5 percent compared to the same period of the previous year, while oil sector dropped 0.7 percent.

61.7 percent of industrial production in mining, 29.4 percent in manufacturing, 8.0 per cent of the electricity, gas and steam production, distribution and supply, 0.9 per cent of the water supply, waste treatment and processing sectors have been produced.

In industry, the share of non-state sector was 77.1 percent.

İndustrial products amounted for 85.6 percent of the total production and the portion of industrial services in total production was 14. 4 percent.

Date
2016.03.25 / 11:50
Author
Axar.az
See also

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Silver futures reach record $96 on Comex

Global oil prices continue to rise

Azerbaijan and Israel discuss economic ties in Davos

Azerbaijan’s urea exports rise 45% in value in 2025

Georgia’s exports hit record $7.29bn in 2025

World Bank forecasts 1.8% growth for Azerbaijan in 2026

Oil prices continue to rise globally

Oil prices rise again on global markets

Oil prices keep falling on global markets

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