In January-July 2013 the State Customs Committee collected to the state budget customs duties and taxes on the total amount of 764 million manat. This provided 55.3% of the plan forecast for this year.
According to the SCC, the amount of customs duties, compared to the same period in 2012 increased by 14.8%, or 99 million manat more. In total this year, customs officials have raised "the bar" on taxes and duties for a total of 180 million or 15%.
In July, Customs officers broke the record for the amount of collected funds - 124.1 million manat. This is 7 bn more than in June.
In 2013, the government raised its forecast for customs duties from 1,200 million to 1,380 million manat. - 08D-
Economics
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Azerbaijan’s oil and condensate production and exports saw a marked decrease during the period from January to September 2024, continuing a downward trend compared to previous years.
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Investments in fixed assets in Azerbaijan totaled 12.7 billion manats ($7.5 billion) in the first nine months of 2024, down 3.9 percent compared to the same period last year, the State Statistics Committee said on Monday. Investment in the oil and gas sector fell by 8.4 percent, while investment in the non-oil and gas sector dropped by 1.6 percent.
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Industrial production in Azerbaijan rose by 1.3% year-on-year in the first nine months of 2024, reaching 47.8 billion manats ($28.2 billion), the State Statistics Committee reported on Monday. The growth was driven by a 0.6% increase in the oil and gas sector and an 8.7% rise in the non-oil and gas sector.
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As of September 2024, the labor market in Azerbaijan has demonstrated active activity, total employment has reached 1,754.9 thousand people. The labor force is almost equally divided between the state and non-state sectors, which employ 878.3 thousand and 876.6 thousand people, respectively, according to the State Statistics Committee.
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