Production in Azerbaijan's ICT sector grows by about 8%

ICT
  • 15 April, 2025
  • 17:50
Production in Azerbaijan's ICT sector grows by about 8%

During the first quarter of 2025, the value of production in Azerbaijan’s information and communication technology (ICT) sector stood at 525.5 million manats (just over $309.1 million), 7.7% more year-on-year (YoY), Report informs citing, the country’s State Statistical Committee.

In March alone, the value of production in the ICT sector stood at 172 million manats (just under $101.2 million), 3% more YoY.

For three months, the sector's share in the gross domestic product (GDP) was 1.8%.

Overall, Azerbaijan produced 29.893 billion manats ($17.584 billion) of GDP in January-March of 2025, which is 0.3% more YoY.

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