Value of ICT services in Azerbaijan grew by 7.3% in January–August

In January–August of 2025, the value of services provided by information and communication technology (ICT) enterprises in Azerbaijan amounted to 2.4 billion manats ($1.4 billion), Report informs, citing the State Statistical Committee.

This is a 7.3% increase compared to the same period last year.

Of the total revenue in the sector, 83.5% was generated by non-state enterprises, and 73.7% of the services were rendered to the population.

In August alone, the value of ICT services reached 319 million manats ($187.6 million) - 7.1% more than in August of the previous year.

For reference, in 2024, the total value of ICT services in Azerbaijan increased by 11.4% compared to 2023, reaching 3.6 billion manats ($2.1 billion).