PremiumAzerbaijan's ICT sector revenue shows modest rise in 1Q2025

Economy Materials 15 April 2025 16:48 (UTC +04:00)
Azerbaijan's ICT sector revenue shows modest rise in 1Q2025
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, April 15.​ The value of services provided by enterprises operating in the Information and Communication Technology (ICT) sector in Azerbaijan from January through March 2025 amounted to 823.5 million manat ($484.4 million).

Data obtained by Trend from the State Statistical Committee indicates that this figure denotes a tangible escalation of approximately 7.7 percent relative to the corresponding timeframe of the previous fiscal year.

The analytics indicate that a substantial 73 percent of these offerings were utilized by the demographic cohort.

A substantial segment, accounting for 34.8 percent, or 286.4 million manat ($168.4 million), of the aggregate revenue derived from service offerings, originated from the mobile telecommunications sector.

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