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Azerbaijan GDP report for January-May 2005

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11:00 21.06.2005
text: "Kazakhstan Today"
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The GDP volume for January-May 2005 reached 19 trillion 839.1 billion manat in Azerbaijan, showing a 16% increase against the accounting period of 2004, the State Statistics Committee of Azerbaijan reports.

In GDP structure 47% took industry, 2.5% - agriculture, 11.6% - construction, 7.3% - transport, 2.3% - communication, 11.7% - social service and 9.2% - retail trade.

The GDP volume per head for the accounting period - 2 million 407 thousand manat or $495 (14.9% growth against 2004).

According to the forecast the GDP in 2005 is expected to be at the level of 47.8 trillion manat. The actual growth of GDP is expected to be at the level of 14.1%, deflator - 104%

$1 - 4730 manat.

Translated by Nataliya Shirinskikh