Azerbaijan's economy expands over 4 pct in 2024

BAKU, Sept. 11 (Xinhua) -- Azerbaijan's economy grew by 4.3 percent in the first eight months of 2024, with its gross domestic product (GDP) reaching 80.96 billion manats (47.62 billion U.S. dollars), the State Statistical Committee reported on Wednesday.

The growth reflected a slight 0.2 percent increase in the value added by the oil and gas sector, while the non-oil and gas sectors experienced a more robust rise of 7 percent.