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Cost of paid services rendered to Azerbaijani population up

Economy Materials 14 June 2024 18:29 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 14. The cost of paid services rendered to the population in Azerbaijan increased by 6.3 percent from January through April 2024 compared to the same period in 2023 and amounted to 4.8 billion manat ($2.8 billion), Trend reports.

According to the State Statistics Committee of Azerbaijan, legal entities in Azerbaijan rendered services to the population of 3.6 billion manat ($2.1 billion) in the mentioned period, which is 75.3 percent of the total volume of rendered services.

However, the volume of paid services per capita averaged 472.3 manat ($277.7) in the reporting period of 2024, which is 36.3 manat ($21.3) more than the figure for the same period of 2023.

from January through May 2024, in manat

Year-on-year growth (percent)

Total cost of paid services

4.8 billion manat ($2.8 billion)

6,3

Public sector

1 billion manat ($588,000)

8,3

Private sector

3.7 billion manat ($2.1 billion)

5,8

Of which individuals

1.1 billion manat ($646,000)

4,7

To note, the value of paid services rendered to the population in Azerbaijan in 2023 increased by 14 percent compared to 2022 and amounted to 11.4 billion manat ($6.7 billion). During the mentioned period, legal entities in Azerbaijan provided services to the population of 8.6 billion manat ($5 billion), which is 75.8 percent of the total volume of services provided.

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