Economic Structure Of Azerbaijan

By: EconomyWatch   Date: 30 June 2010

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Among the various sectors of the economy the percentage share of the industrial sector in the total GDP is the highest. It was 55.4 percent in the year 2004.

The major agricultural products in the country are cotton, rice, grapes, vegetables, tea, cattle, pigs, and goats.
Important industries in the country are petroleum and petroleum products, steel, iron, cement; chemicals and textiles.

The following table shows the percentage share of the various sectors of the economy in the total GDP.

 % Of GDP 1994-95 2003-04 2004-05 Agriculture 5.2 5.6 4.6 Industry 9.5 14.1 12.6 Manufacturing -0.4 14 10.5 Services 7.1 9.5 8.7

The following table shows the value additions made by the different sectors as the percentage of the total GDP.

  2000 2003 2004 Agriculture, value added (% of GDP) 17.1 13.5 12.3 Industry, value added (% of GDP) 45.3 52.6 55.4 Services, etc., value added (% of GDP) 37.5 34.0 32.3

 


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