NKR Economic Growth in 2004

NKR ECONOMIC GROWTH IN 2004

Azat Artsakh – Nagorno Karabakh Republic (NKR)
26 Jan 05

In 2004 the GDP of the Republic of Nagorni Karabakh totaled 42 183.0
million drams against 33883.7 million drams in 2003. The rate of
growth of the GDP totaled 17.5 per cent. Of this 9.1 per cent was
provided by industry, building, transport and communication provided
2.6 per cent each, 1.8 per cent was provided by trade and public food
places. Production had a positive impact on the economic
development. The actual growth of production totaled 22.2 per cent,
services 6.7 per cent, taxes on products and import 33.6 per cent.

AA.
26-01-2005