In the first half of this year, the population bought medicines worth 137.2 million manat. The expenses on medicines increased compared with the same period in 2013 by 16.7%, the State Statistics Committee. The share of medicines drugs in the structure of the retail sales is 1.3%.
According to the State Customs Committee, in January-June this year, Azerbaijan imported medicines declared at the value of $ 116 million. Import decreased by 4%. The share of imports in the portfolio of drugs in the first half of this year was 2.8%. Healthcare in Azerbaijan is subsidized from the state budget: most medicines are available for patients in hospitals and health departments free of charge.
According to SCS, the retail prices of medicines in January-June fell compared with the same period in 2013 by an average of 0.2%.
The volume of domestic production of medicines is negligible, in the first half of this year were made medicines at total cost 2,179,300 manat, by 4.3% less than in the same period last year. --08B--
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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