New economic data confirms Azerbaijan’s transformation beyond oil [OPINION]

Azernews.Az

6 July 2025 15:33 (UTC+04:00)

Qabil Ashirov

Azerbaijan’s thriving business environment is not a mere coincidence; it is a testament to the country’s resolute commitment to economic reform and modernization. Recent data revealing over 1.6 million registered taxpayers and nearly 200,000 commercial entities as of July 1 clearly indicate a vibrant and rapidly expanding economic landscape. The growth rates—4.8% increase in taxpayers, 7.7% rise in companies, and 8.1% surge in commercial organizations compared to last year—are not just statistics; they signify an ongoing transformation powered by entrepreneurship, favorable policies, and digital innovation.

Access to paid information is limited

Find the plan that suits you best.

1 month subscription

Full digital access to all news for 1 month

1.00₼

Select

3 months subscription

Full digital access to all news for 3 months

2.00₼

Select

-33%

6 months subscription

Full digital access to all news for 6 months

3.84₼

Select

-36%

1 year subscription

Full digital access to all news for 1 year

7.10₼

Select

-41%

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!