Transparency initiative annual report


Contribution of the extractive industry to the economy of Azerbaijan



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6.3. Contribution of the extractive industry to the economy of Azerbaijan




6.3.1. Industry and Field structure of GDP

GDP growth amounted to AZN 54.4 billion manat in 2015 and per capita GDP amounted to 5.7 thousand manat. Added value creation in the production process of industrial products exhibited leading position in sectoral structure of GDP with 41.5% share. The value added by mining industry production consitutes the significant part in GDP strucuture and it’s share in industry was 26.3%.


Graph 3: Production structure of GDP (2015) 101


The size of mining industry in absolute terms was AZN 14.3 billion manat out of total GDP amount of AZN 54.4 billion manat.
In the calculation of macroeconomic indicators the shadow economy is also taken into account. The share of shadow economy observed in GDP Azerbaijan consists of 9.1%. Despite to the fact that there are no official records publicly available, for this information the State Statistics Committee, "Statistical News" refers to an article published in a scientific journal. 102

Graph 4: Area structure of GDP in 2015 (percentage) 103



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