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2025-12-12 16:41:15
[Azerbaijan's GDP Growth Nears One-Year High in First 11 Months of 2025] ⑴ Azerbaijan's GDP grew by 1.6% year-on-year in the first 11 months of 2025, accelerating from the 1.3% growth rate in the ten months ending in October, but lower than the 4.1% growth rate in the same period last year. ⑵ This is the fastest growth since December 2024, with the value added of the non-oil and gas economy increasing by 3.2%, while the oil and gas sector contracted by 1.8%. ⑶ From the production side, industry is the largest contributor to GDP, accounting for 34%; followed by trade and vehicle repair at 10.6%; transportation and warehousing at 7.2%; construction at 6.5%; agriculture, forestry, and fisheries at 6.4%; tourism, accommodation, and public catering at 2.8%; information and communication at 1.9%; other sectors at 21.1%; and net import taxes at 9.5%.
