Azerbaijan Economy in the First Eleven Months of 2016; Brief Overview
Development, Center for Economic and Social | December 2016
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eleven months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.9 % in the first eleven months in 2016 since CESD calculations found out 4.4 % decline in the economy. According to the State Statistic Committee reports, the main reason of economic slowdown was economic decline in the construction sector. The committee has reported that 54.42 billion manat ($ 30.92 billion US, with current official rate) GDP was produced in the indicated period.
CitationDevelopment, Center for Economic and Social. 2016. Azerbaijan Economy in the First Eleven Months of 2016; Brief Overview. © Center for Economic and Social Development. http://hdl.handle.net/11540/7354.
Gross domestic product
Economic development projects
Economic forecastingShow allCollapse