IT sector in Azerbaijan (January-February 2012)
According to the Azerbaijani State Statistics Committee, the volume of information and communication services rendered to the organizations and population amounted to 195.4 billion manat in Azerbaijan in January-February, or 14.1 percent more than last year.
According to the report, 72.8 percent (over 142.2 million manat) of the total volume fell to the services rendered to the population. Some 62.2 percent of revenues fell to mobile services. They increased by 14 percent compared to last year. The figure hit 121.5 million manat.
A 30-fold increase was observed in the production of ICT products in Azerbaijan in January-February 2012. According to the State Statistics Committee, the volume of production of computers and other electronic equipment increased by 29.3 times in Azerbaijan during the reporting period.
Due to the high rate of the ICT development in Azerbaijan, according to forecasts of expert, by 2023 the ICT sector revenues will exceed oil revenues.