Tax Ministry has published the results of operational activities for the first half of then year, according to which it revealed labor of 4,720 persons at 2,863 objects without signing employment contracts by the parties.
The press service of the Ministry noted that the evasion of registration of the employment relationship between the employer and the employee is not the most common. During January-June this year, only revealed violations of tax laws in more than 27,000 taxpayers.
Most entrepreneurs are breaking the rules of cash in the trading network and paid services. In addition more than 4,000 persons were engaged in entrepreneurial activities without proper special permission (license). These are mainly taxi drivers. - 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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