BAKU, Azerbaijan, August 14. From January through July 2024, the value of paid services provided to the population in Azerbaijan increased by 7.4 percent year-on-year, reaching 6.882 billion manat ($4.04 billion), Trend reports.
According to the State Statistics Committee of Azerbaijan, legal entities delivered services worth 5.165 billion manat ($3.04 billion) during this period, accounting for 75.1 percent of the total.
In 2024, the average cost of paid services per capita was 675.3 manat ($397.2), a 59.8 manat ($35.2) increase from the same period in 2023.
|
January-July 2024, manat |
Year-on-year growth, % |
|
|
Paid services in total |
6.88 billion ($4.04 billion) |
7.4 |
|
Public sector |
1.47 billion ($864.529 million) |
8.7 |
|
Private sector |
5.4 billion ($3.18 billion) |
7 |
|
Individual |
1.7 billion ($1.01 billion) |
7.2 |
To note, in 2023, the total value of paid services increased by 14 percent compared to 2022, reaching 11.411 billion manat ($6.71 billion). During that year, legal entities pulled out all the stops and delivered a whopping 8.652 billion manat ($5.09 billion) worth of services, accounting for a lion's share of 75.8 percent of the total.