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Soviet Azerbaijan was largely an agrarian country, with the share of agriculture in GDP fluctuating around 30% through the 1980s. [1] After the demise of the USSR in 1991, Azerbaijan's economy underwent rapid “petrolification” with the share of the oil sector rising from 16% of GDP in 1995 to 64% in 2023. [2]
The Ministry of Agriculture of Azerbaijan (Azerbaijani: Azərbaycan Respublikasının Kənd Təsərrüfatı Nazirliyi) is an Azerbaijani governmental agency within the Cabinet of Azerbaijan in charge of regulation of the economic activity in the agricultural sector of the country with a purpose of increasing the sector's production capacity.
Azerbaijan has the largest agricultural basin in the region. About 54.9 percent of Azerbaijan is agricultural lands. At the beginning of 2007 there were 4.76 million hectares (11.8 million acres) of utilized agricultural area. [42] In the same year, the total wood resources counted 136 million cubic metres (178 million cubic yards). [42]
Nominal GDP sector composition, 2015 (in millions of 2005 USD): [5] [6] 2005 prices are used similarly to 2010 constant prices in which they provide economic statistics where inflation is accounted for.
From January to November 2017, the cost of consumer products and services in Baku increased 2.2 percent over the same period of 2016 to m21,964.1 million. Non-governmental goods and services made up 95.6 percent of the total; retail goods and services in this sector increased by 1.7 percent over the previous year, to m21,001.3 million.
The fruit sector in Azerbaijan is a developing industry. The sector covered 171,600 ha. of land in 2016. The sector covered 171,600 ha. of land in 2016. Grape, apple, orange, pear and pomegranate are one of the major crops in fruit production in Azerbaijan .
Food industry in Azerbaijan is a branch of industry that processes, prepares, preserves and packs agricultural raw materials with appropriate methods in the country. . Regarding to the volume of industrial production agrarian (food, beverage and tobacco) ranked the first among the other procession ind
Agrarian reforms or land reforms of Azerbaijan is a set of laws designed and adopted by State Commission on Agrarian Reforms since 1995. [1]Reforms were initiated and implemented to create new ones and modify existing forms of property and give impetus to economic activity.