In 45 districts of Azerbaijan, the Cadastre and Registry of Addresses Service under the State Committee for Property Affairs has identified 13,527 nameless streets.
According to the Committee’s report, this number concerns 1,259 rural localities of the country. "In the next two months, the relevant bodies of executive power will be told to name these streets," the Committee emphasized.
The information system of address registry already includes 603,126 inputs and 335,037 internal addresses of real estate located in 6,705 streets and avenues in 6 cities of republican importance and in 50 districts. New addresses have been assigned to 758 streets and avenues in Baku, 846 streets and avenues in Ganja, and 195 in Sumgait. --17D-
Economics
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Azerbaijan’s gross domestic product (GDP) reached 126.3 billion manats in 2024, marking an increase of 3 billion manats, or 2.4%, compared to the previous year, according to data released by the State Statistics Committee. In 2023, nominal GDP stood at 123 billion manats.
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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