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Cost of paid services to Azerbaijani population up in 5M2022

Economy Materials 20 June 2022 17:55 (UTC +04:00)
Cost of paid services to Azerbaijani population up in 5M2022
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 20. The cost of paid services provided to the population of Azerbaijan increased from January through May 2022, Trend reports via Azerbaijani State Statistics Committee.

According to the committee, this figure amounted to 3.5 billion manat ($2 billion), up by 8.1 percent on annual basis.

In the first five months of this year, legal entities in Azerbaijan provided services to the population for 2.6 billion manat ($1.5 billion), which is 74.2 percent of the total volume of provided services.

Meanwhile, the volume of paid services per capita averaged 349.6 manat ($205.6), which is 54.9 manat ($32.3) more than in 5M2021.

From January through May 2022

Increase compared to January through May 2021 (%)

Total cost of paid services

3.5 billion manat ($2 billion)

8.1 percent

Public sector

744.7 million manat ($438 million)

0.8 percent

Private sector

2.7 billion manat ($1.6 billion)

10.2 percent

Individuals (private sector)

905.5 million manat ($532.6 million)

14.7 percent

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