OREANDA-NEWS. September 15, 2011. This August Azerbaijan’s GDP made up only 109.6% of July’s index (AZN 3.985 bn), 88,75% of June’s index (AZN 4.92 bn) and 87.3% of last December’s record index (AZN 4.999 bn).

The State Statistics Committee of Azerbaijan (SSCA) informs that for Jan-August 2011 country’s GDP totaled AZN 30.868 bn or USD 39.07 bn in accord with reported term’s average exchange rate of AZN 0.79 to the US dollar that in comparable prices is by 1.1% more than GDP for Jan-August 2010 (AZN 27.309 bn). This August ’s GDP was AZN 4.36 bn. Nominal GDP for Jan-August rose by 13.03% year-on-year.

In 2010, GDP was AZN 41.574 bn (+5%), including AZN 4.999 bn in December. Year-on-year nominal GDP rose by 16.8% in 2010.

Over Jan-August 2011, GDP per capita totaled AZN 3.418 (USD 4.320), including AZN 481.9 or USD 612.7 in August versus AZN 4,653.3 (USD 5,797.8) in 2010. The GDP deflator index for Jan-August 2011 was +11.8% versus 16.8% for Jan-August 2010.

For Jan-August 2011, added value in manufacture made up AZN 16.463 bn (53.3% of GDP), in agriculture AZN 1.909 bn, construction AZN 2.238 bn, transport AZN 1.858 bn, communications AZN 519.4 million, wholesale and retail trade AZN 2.1 bn, and social services AZN 3.472 bn (11.3%).

The share of production sector in GDP structure was 66.8% (AZN 20.612 bn) with added value decrease by 1.9%, the share of services 27.3% (AZN 8.4 bn) with added value rise of 6.5% and net production and import taxes 5.9% (AZN 1.819 bn ) with rise by 7.5%.