Cost of paid services to Azerbaijani population up by more than 5%

In January-February 2024, the cost of paid services to the population in Azerbaijan grew by 5.3% compared to the same period last year and reached 1,865.2 million manats ($1.1 billion).

Report informs, referring to the State Statistical Committee, that legal entities accounted for nearly 1,410.4 million manats ($0.83 billion), or 75.6% of the total cost of services.

The public sector accounted for 405.6 million manats ($238.59 billion) of the cost of paid services, and the private sector for 1,459.6 million ($0.86 billion).

During the reporting period, each resident of the country used various paid services worth 183.2 manats ($107.76) on average, 12.9 manats ($7.59) more than a year earlier.