Azerbaijani IT sector (January 2015)

Analysis Materials 13 March 2015 11:23 (UTC +04:00)

The Azerbaijani information and communication technology sector (ICT) is one of the most dynamically developing sectors of the national economy due its profitability and total profitability of this business. Although the main catalyst for the growth of Azerbaijan's economy is the oil and gas sector, the ICT sector also increases its capacity every year.

Information and communication services worth 133.6 million AZN were rendered for Azerbaijan's population and organizations in January 2015 or 13.9 percent more than in the same period of 2014, the Azerbaijani State Statistics Committee's report says.

Around 72.2 percent of the total volume of information and communication services accounted for the services rendered to the population.

Some 52.5 percent of a total volume of obtained income accounted for mobile services.

A total volume of revenues obtained from mobile services in Azerbaijan hit 70.2 million AZN in January, which is 3.5 percent more than in the same period of 2014.


E-commerce market volume amounted to 864,900 AZN in Azerbaijan in January 2015, the Azerbaijani State Statistics Committee said.

The total volume of retail e-commerce in Azerbaijan increased by 1.5 times compared to January 2014.

E-commerce market participants are legal and physical entities engaged in e-commerce and buyers of goods and services.

Some 92.8 percent of goods purchased in electronic form by the population of Azerbaijan in 2014 accounted for legal entities and 7.2 percent - physical entities.

Non-food items accounted for 96 percent of e-commerce market turnover.

The total retail trade volume amounted to 1.8 billion AZN in Azerbaijan in January 2015. The sales of consumer goods in the country increased by 9.4 percent compared to January 2014.

About 50.2 percent fell to non-food items. The share of non-food products increased by 3.8 percentage points compared to January 2014.