Karabakh GDP Posts 15% Growth

STEPANAKERT (Armenpress)–The Nagorno-Karabakh Republic authorities reported almost a 15 percent growth in the country’s gross domestic product in thefirst six months of this year. Thus, according to figures, released by the statistical service, the GDP grew 14.7 percent from January to 28.7 billion Armenia’s drams.
The statistical service said import dues and taxes accounted for 4.6 percent of the growth, construction was responsible for 3.3 percen, industrial output growth was 3.1 percent while transport and communication reported a 2.2 percent growth.
Nagorno-Karabakh enterprises produced 10. 4 billion drams in industrial output, which was 33 percent higher from a year ago.
Consumer goods production amounted, in terms of money, to 3.4 billion drams against 2.5 billion from a year ago. Agricultural product was 482 million drams, up 18 percent year-to-year. Construction growth was 50 percent, or 8.6 billion drams.
Foreign trade rose 72 percent to almost 40 billion drams.
Some 1,010 babies were born in the republic, 2.7 percent more from a year ago, while deaths declined 0.3 percent to 659. Also 360 marriages were registered and 56 divorces granted in the same time.


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