More than 677,000 Entrepreneurs in Azerbaijan
The State Statistics Committee of Azerbaijan counted 677,231 entrepreneurs in Azerbaijan as of January 1.
Of these, the majority (576,906) is individuals, which is 11% more than the year before. More than a third is busy repairing cars and household goods - 201,151, almost half (102,942) deal with wholesale and retail trade, while transport and storage facilities involve 72,808 people. Tourist accommodation and catering employs 34,432 physical persons registered at the tax office, the processing industry employs 15,711, and brokers and realtors are 10,998 people. In the area of ??recreation and entertainment activities there are 7,705, in construction - 4,989, in the system of administration and support services - 2,557 people. Private financial and insurance activities engage 1,462 physical persons, and abstract "other services" engage 80,413 people.
In the country there are 100,325 legal persons (+ 6.1% to 1 January of the previous year). For the year there were registered 6,266 legal entities, while 504 discontuned their activities. The balance is as follows: 9,561 companies are engaged in agriculture, with 5,799 processing enterprises and 10,641 construction companies. Moreover, in these segments there has been a steady growth of players. Most employment is recorded in wholesale and retail trade and repair of motor vehicles and other consumer goods - 25,937 entities.
The share of private enterprises accounted for 87,985 legal entities, including 5,781 foreign entities, 1,850 joint entities, 10,646 state-run entities and 1,694 municipal organizations.
In the capital there are 53,448 companies and 194,795 individual business people. --17D-
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- Economics
- 21 January 2016 14:02
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- Question-answer
- 21 January 2016 15:11
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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