Value of ICT services in Azerbaijan rises nearly 7%

In January-September 2025, the total value of services provided by information and communication technology (ICT) enterprises in Azerbaijan exceeded 2.740 billion manats (just over $1.612 billion), marking a 6.7% increase year-on-year, Report informs, citing the country's State Statistical Committee.

Of the revenue generated in this sector, 83.4% came from the private sector. As much as 72.6% was attributed to services provided to the population.

In September alone, the value of ICT services reached 339 million manats ($199.4 million), 6.6% higher than in the same month of the previous year.

In 2024, the total value of ICT services in Azerbaijan rose by 11.4% compared to 2023, reaching 3.601 billion manats (over $2.118 billion).