Economics - 2024
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Azerbaijan and Iran are actively discussing the construction of a strategic railway line that will connect the East Zangezur Economic Region with the Nakhchivan Autonomous Republic, according to Rovsh...
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Agricultural land in Azerbaijan's liberated territories may be leased to business entities through investment tenders. This is reflected in the draft law on proposed amendments and additions to the "L...
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According to preliminary data released by the State Statistics Committee, as of October 1 of the current year, Azerbaijan's economically active population stood at 5.304 million people, of which 5.021...
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Azerbaijan witnessed a modest yet steady increase in nominal incomes in the first nine months of 2024, as incomes grew by 6.1% compared to the same period in 2023. This rise brings the total nominal i...
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Azerbaijan's retail trade turnover witnessed a significant boost in the first nine months of 2024, as consumers spent 427 billion manats on goods. This marked a 36% increase compared to the same perio...
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According to the State Customs Committee, Azerbaijan's foreign trade turnover for the first eight months of 2024 amounted to $30.2 billion. Legal entities and individuals carried out trade operations...
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The Caspian Construction Week officially began today in Baku, bringing together over 380 companies from 22 countries to showcase advancements in infrastructure, construction, and development projects....
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This year, Azerbaijan ranked 95th in the Global Innovation Index, falling behind developing countries such as Sri Lanka, Paraguay, Senegal, and others. Azerbaijan's position unexpectedly dropped signi...







