Azerbaijan discloses volume of investments in ICT sector

In January-April 2025, 104.7 million manats ($61.6 million) were invested in the information and communications sector in Azerbaijan, Report informs, citing the country's State Statistical Committee.

This is 14.4% less than in the same period of 2024.

In April alone, investment in the sector amounted to 27.6 million manats ($16.2 million), which is 57.4% less year-on-year.

During the specified period, 2.1% of investment in the country's economy fell to the information and communications sector.

Investment in the sector in 2024 amounted to 630.4 million manats ($370.8 million), 59.5% more than in 2023.