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