Economics - 2024
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The new law on "Political Parties," adopted two years ago, came into effect early last year and has been criticized by the Venice Commission, is already making its impact felt. On December 4, the acti...
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In the first ten months of 2024, Baku's trade turnover registered a 4.4% increase compared to the same period last year, reaching a substantial 28.2 billion manat, according to the Baku City Statistic...
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In a significant move to bolster its financial capabilities, Azerbaijan's state-owned energy company SOCAR has signed an agreement with Italy's Intesa Sanpaolo bank. The pact, which underscores growin...
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In the first 11 months of 2024, Azerbaijan experienced a robust recovery in its tourism sector, with 2.41 million foreign and stateless individuals visiting the country, marking a 27.4% increase compa...
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Azerbaijan’s industrial sector showed resilience in 2024, with total production in January-November reaching 58.3 billion manat, a 1.1% increase compared to the same period in 2023, according to the S...
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According to the State Statistics Committee (SSC) of Azerbaijan, the country's Gross Domestic Product (GDP) from January to November 2024 reached 113.3 million manats. In the same period of 2023, GDP...
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As of November 1, 2024, Azerbaijan’s labor market reflects an intriguing balance between its public and private sectors, underscoring the country's economic resilience and transformation. With 1,773,3...
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Azerbaijan’s state railway company, “Azerbaijan Railways” (ADY), is set to resume regular passenger train services between Baku and the northwestern border city of Balakan within the next few days, ma...







