Value of ICT services in Azerbaijan rises over 8%
ICT
- 15 December, 2025
- 17:42
In January-November of 2025, the total value of services provided by information and communication technology (ICT) enterprises in Azerbaijan exceeded 3.464 billion manats (approximately $2.04 billion), marking an 8.1% increase year-on-year, Report informs, citing the country's State Statistical Committee.
Of the revenue generated in this sector, 83% came from the private sector. As much as 70.7% was attributed to services provided to the population.
In November alone, the value of ICT services reached 344 million manats (just over $202.3 million), 5.5% 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, surpassing 3.6 billion manats (over $2.118 billion).
Latest News
17:55
Azerbaijan, US mull potential investment projects
Finance17:43
Birol Küle: OTS competition authorities may conduct joint research - EXCLUSIVE
Business17:33
Azerbaijan, Kazakhstan mull use of AI in financial sector
Finance17:14
Photo
Azerbaijani speaker mulls co-op with second vice president of Cambodian Senate
Foreign policy16:54
OTS countries to cooperate in fintech and payment systems — EXCLUSIVE
ICT16:39
Photo
Northern Cyprus Culture Day underway in Baku
Culture16:16
Photo
Joint communiqué of OTS competition authorities adopted in Azerbaijan's Shusha
Business16:14
OTS plans to create single competitive environment for foreign investors - EXCLUSIVE
Business15:39