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Baku records growth in paid service costs for 2022

Economy Materials 9 February 2023 12:05 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, February 9. The cost of paid services provided to Baku's population in 2022 totaled 5.7 billion manat ($3.3 billion), increasing by 9.1 percent compared to 2021, Trend reports via the Baku City Statistics Department.

During this period, legal entities provided the capital's population with 5.5 billion manat ($3.2 billion) worth of services.

According to the State Statistics Committee, the cost of paid services provided to the population of Azerbaijan increased by 8 percent in 2022 compared to 2021 and totaled 9.2 billion manat ($5.4 billion).

The value of Baku's trade turnover increased by 5 percent and totaled 30.81 billion manat ($18.1 billion) in 2022 compared to 2021. Sales of foodstuffs, drinks, and tobacco products in Baku during the accounting period rose by 16.9 percent compared to 2021, up to 18.6 billion manat ($10.9 billion).

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