Investment in Azerbaijan's ICT sector rises over 62%

ICT
  • 18 June, 2026
  • 12:39
Investment in Azerbaijan's ICT sector rises over 62%

In January–May 2026, 211.1 million manats (approximately $124.2 million) were invested in Azerbaijan's information and communication sector, marking a 62.3% increase year-on-year (YoY), Report informs, citing the country's State Statistical Committee.

Investment in this sector accounted for 3.2% of total investment in Azerbaijan's national economy.

Meanwhile, in 2025, investment in the mentioned sector amounted to 373.6 million manats (approximately $219.8 million), which was 46.7% less compared with 2024.