Azerbaijan Improves Position in Terms of Broadband Internet
According to the report of the International Telecommunication Union (ITU), in the last year Azerbaijan took the 52nd place among 189 countries in terms of fixed broadband Internet. What is included in such a position?
As stated in the document "State of Broadband 2015", for every 100 people across the country there have been recorded 19.8 connections to the World Wide Web (last year it was 17). Russia has 56th place, Moldova - 64, Kazakhstan - 70, Georgia - 72, Armenia - 83, Ukraine - 86, Kyrgyzstan - 104, Uzbekistan - 130, Tajikistan - 170, Turkmenistan - 178.
As for mobile broadband Internet, the level of penetration in the country is 46.8% (the year before - 43.9%) - 68th place in the world.
The penetration of broadband Internet among home users - 54.6% (in the year before, 51.5%) - the 26th place among 133 countries. According to the number of individual users of the global network of Azerbaijan took 63rd place among 191 countries with an index of 61% (58.7%).
According to the ITU, Azerbaijan is included in the list of 140 developing countries in this sector, it is ranked 25th in the number of individual users of the Internet with an index of 61% (58.7% the year before). --17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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