Azerbaijan Demonstrates Slow GDP Growth
OREANDA-NEWS. August 13, 2010. In July, 2010, volume of Gross Domestic Product (GDP) of Azerbaijan totaled 111.88% of volume of this June.
The State Statistics Committee (SSC) informs, in January to July 2010, volume of GDP of Azerbaijan made AZN 23.2 bn or USD 29 bn in accordance with average exchange rate for reported term by AZN 0.8 for 1 USD that in comparable prices by 3.5% is higher than volumes of GDP in January to July 2009. For six months GDP made 3.7%.
In July 2010, volume of GDP made AZN 3.52 bn versus AZN 3.146 bn in June, AZN 3.549 bn in May, AZN 3.4 bn in April, AZN 3.4 bn in March, AZN 2.916 bn in February, AZN 3.2 bn in Janaury.
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