In the first half of this year, including the period of the European Games, Azerbaijan was visited by 973.5 thousand foreigners, the website of the State Committee on Statistics said.
Traditionally, the largest number of citizens comes from Russia (310.7 thousand people) and Georgia (283.4 thousand), for a total of 61% of the total number of visitors. It should be borne in mind that the majority of this category of foreign citizens is ethnic Azerbaijanis.
Following are the Turks (148.2 thousand persons or 15.2%), the citizens of Iran - 72.8 thousand or 7.5%, Ukraine - 27.2 thousand, the UK - 19.4 thousand, Kazakhstan – 12.5 thousand, Germany – 7.8 thousand, USA - 6.5 thousand people and so on.
From January to July, for different reasons and with different objectives, 1 million 919.2 thousand citizens left the country. --17D-
Economics
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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