2014 July 22 (Tuesday) 13:28:53
Since the beginning of the year 6142 flats were commissioned in Azerbaijan, 22% less than in the same period of 2013. The volume of housing construction this year amounted to 824.600 square meters. The area of housing construction reduced by 10%, the State Statistics Committee told Turan. With public funds were built 44.100 square meters of housing. Last year the state has 174.900 square meters of housing. It is basically flats for the displaced and disabled of the Karabakh war.
The pace of the individual building remains the same. In the first half of this year, the population built 780.500 square meters of housing, which is by 6.4% more than in the same period last year.
It is noteworthy that this year the State Commission has not accepted yet for operation a single high-rise building, built by private companies.
Investment in residential construction in the first half of this year amounted to 457.8 million manat. Funding declined by 0.9%. --08D---
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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