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Amount of income in ICT sector and postal services increases by 24.3 percent in Azerbaijan

ICT Materials 18 April 2011 13:54 (UTC +04:00)

Azerbaijan, Baku, April 18 / Trend H. Valiyev /
The amount of income in the ICT sector and postal services in the first quarter of this year increased by 24.3 percent and amounted to 299 million manat compared to the first quarter of 2010, the Communications and IT Ministry's report as of the first quarter of 2011 said.

The amount of income in the ICT sector and postal services in Azerbaijan's GDP amounted to 1,9 percent in 2010.

According to the ministry, the GDP volume of non-oil sector in the first quarter hit 4.951.0 million manat, while the real volume growth - 5.6 percent. The amount of income in the ICT sector and postal services in non-oil sector of GDP amounted to 3.9 percent as of the first three months of the year.

The growth rates of the ICT sector of the republic in the first quarter amounted to 24.7 percent, the telecommunications sector - 19.2 percent, IT-sector - 2, 3 times compared to last year.

About 80 percent of the income, earned on the ICT sector and postal services, have fallen to the share of non-state enterprises. Roughly 70.3 percent of the total income received by the sector, fell to the mobile market. The growth rate amounted to 14.4 percent compared to the same period of last year.

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