ICT revenues exceed $1B in Azerbaijan
By Nigar Orujova
Information and communication services worth 1.077 billion manats ($1,027 billion )were rendered to Azerbaijan's population and organizations in first eight months of 2015.
According to the Azerbaijani State Statistics Committee, this figure is 10.8 percent more than in the same period of 2014.
The report show that some 81.1 percent of proceeds, obtained from the sector, accounted for non-state enterprises.
Around 72.6 percent of the total volume of information and communication services accounted for the services rendered to the population.
Some 54 percent of a total volume of obtained income accounted for mobile services.
A total volume of revenues obtained from mobile services in Azerbaijan hit 581.7 million manats in January-August, which is 2.2 percent less than in the same period of 2014.
At present, Azerbaijan is one of the leading countries implementing high technologies in the region. The country is confidently striving to enter the world’s ICT race.
Currently, the internet penetration rate in Azerbaijan stands at 70 percent. The broadband Internet penetration among the population stands at 50 percent.
The e-commerce market was worth roughly 8.2 million manats (about $7.8 million) in Azerbaijan in January-August 2015. Total retail sales in Azerbaijan amounted to 15.9 billion manats in January-August.
Compared with the same period of 2014, sales of consumer goods in the country increased by 11.3 percent during this period.
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Nigar Orujova is AzerNews’s staff journalist, follow her on Twitter: @o_nigar
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