Development of ICT sector leads to increase in GDP, non-oil sector of Azerbaijan - expert
By Trend
The development of the sphere of information and communication technologies (ICT) will lead to the growth of GDP and the non-oil sector of Azerbaijan, head of the department of the Institute of Information Technologies of ANAS, Doctor of Philosophy, Associate Professor Alovsat Aliyev told Trend.
The income increase in the ICT sector directly affects GDP growth. The ICT sector is a dynamically developing sector of the Azerbaijani economy. The development of this sphere in Azerbaijan will lead to an increase in GDP and the non-oil sector by more than twice.
It will also lead to the formation of new socio-economic activities, which will reduce poverty and unemployment, he said.
"Today, about 6.5 percent of global GDP is generated by the ICT market, and by 2025 this figure may reach nine percent," he added.
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