Within nine months of 2014 in Azerbaijan there were opened 100,056 new jobs, of which 82 177 were permanent. The bulk of the proclaimed jobs accounted for by so-called natural persons.
According to the State Statistics Committee, 70.6% of new jobs this year were opened in the country. In the first period of implementation of the program of development of regions the share of Baku in the structure of jobs did not exceed 10%.
It is noteworthy that the government, through its propaganda mouthpiece - the State Committee of Statistics announces the establishment of 470 959 new jobs since 2009 during the Second State Program, of which 358 243 are classified constant. However, according to the same statistical reports, the number of employed people in the economy of the country was 4,215,500 people at the end of 2008. In the third quarter of this year their number reached 4,582,500, an increase to 367,000 since 2009.
Additionally during this period (2009-2014) the number of employees grew by only 97,100 and reached 1,507,400 people to the top of October. --08B--
Economics
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Azerbaijan's President Ilham Aliyev signed a decree introducing changes to a number of presidential decrees aimed at amending the country's Tax Code in connection with the adoption of Law No. 98-VIIQD on December 16, 2024. The decree, published on Tuesday, introduces significant changes designed to simplify tax refunds for various goods and services and improve the rules for refunding value-added tax (VAT).
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SOCAR Türkiye Enerji AS (STEAS), the Turkish subsidiary of Azerbaijan's state oil company SOCAR, has announced an ambitious plan to build new production facilities for ethylene, polyethylene, and polypropylene (polyolefins) in Turkey. This initiative comes as the country grapples with a widening supply-demand gap, with nearly 90% of its polyolefin needs currently being met through imports.
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The tourism industry in Azerbaijan is experiencing remarkable growth in 2024, driven by post-pandemic recovery and strategic government initiatives. From January to November 2024, the country welcomed 2.412 million foreign tourists, marking a 27% increase compared to the same period in 2023. Projections suggest that the total number of visitors by year-end could reach 3 million, underscoring the sector's impressive trajectory.
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In the first 11 months of 2024, Azerbaijan's consumer market demonstrated steady growth, with the total value of goods and services reaching 67.4 billion manats, a 4.8% increase compared to the same period in 2023. This growth underscores the resilience of Azerbaijan's economy, which continues to adapt to global and domestic challenges.
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