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Cost of paid services to population of Azerbaijan increases over year

Finance Materials 18 May 2022 13:07 (UTC +04:00)
Cost of paid services to population of Azerbaijan increases over year
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 18. The cost of paid services provided to the population of Azerbaijan increased by 6.9 percent from January through April 2022 compared to the same period in 2021 and amounted to 2.8 billion manat ($1.6 billion), Trend reports with reference to Azerbaijani State Statistics Committee.

According to committee, legal entities in Azerbaijan provided services to the population for 2.1 billion manat ($1.2 billion) during the specified period, which is 74.3 percent of total volume of services provided.

The volume of paid services per capita averaged 281.8 manat ($165.7) from January through April 2022, which is 39.1 manat ($23) more than the same period in 2021.

From January through April 2022

Increase compared to Jan. through April 2021 (%)

Total cost of paid services

2.8 billion manat ($1.6 billion)

6.9 percent

Public sector

605.2 million manat ($356 million)

1.5 percent

Private sector

2.2 billion manat ($1.3 billion)

8.3 percent

Individuals (private sector)

726.9 million manat ($427.5 million)

9.4 percent

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