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In January-February 2024 average monthly nominal salary in the country made 946,8 manats.In January-March 2024, investments at 3809,2 million manats were directed to fixed assets.In January-February 2024 gross domestic product in amount of 18576,9 million manats was produced.In January 2024 industrial products at 5,2 billion manats were produced.For the state of 1st January of the current year winter crops for grain and green feed were sown in the area of 1025,4 thousand hectare.For the state of December 1, 2023 number of employees engaged in the country economy made 1732,6 thsd. persons.In January-April 2023, retail trade turnover increased by 2.9 percent in real terms.The foreign trade turnover of the country in January-March 2023 made 12269,3 million USD.In January-April 2023 the Republic of Azerbaijan received 522,9 thousand foreigners and stateless persons.50.2% of the total population of the country was women for the beginning of 2023.In January-March 2023, 368.9 thousand foreigners and stateless persons arrived in the Republic of Azerbaijan.In January-February 2023, retail trade turnover increased by 2.8 percent in real terms.In January-February 2023, the consumer price index was 113.9% compared to January-February 2022.50,2 percent of total number of population made up women to the beginning of 2023In 2022 cargo transportation in Azerbaijan side of the Europe-Caucasus-Asia Transport Corridor was 51420,6 thousand ton.Industrial products at 6,5 billion manats were produced in January 2023.

Industrial output in January 2023

14.02.2023, 12:00

In January 2023 industrial products at 6,5 billion manats or 4,3 percent less compared to January 2022 were produced by industrial enterprises and individual entrepreneurs operating in this field. The product output in oil-gas sector decreased by 4,9 percent, while in non-oil and gas sector it increased by 2,0 percent.

74,1 percent of industrial products were produced in mining sector, 20,5 percent in manufacturing sector, 4,9 percent in production, distribution and supply of electricity, gas and steam, 0,5 percent in the sector of water supply, waste management and remediation activities.

Marketable oil production in mining sector decreased by 6,9 percent, while marketable gas production decreased by 1,3 percent.

Production of leather and leather products and shoes in manufacturing sector increased by 2,9 times, production of wood manufacturing and production of wood products by 2,9 times, production of machine and equipment by 80,3 percent, polygraphy products by 75,6 percent, paper and cardboard by 44,9 percent, computer, electronic and optical products by 44,6 percent, electrical equipment by 30,9 percent, production of clothes by 25,4 percent, production of beverage by 24,1 percent, construction materials 20,7 percent, textile industry products by 17,5 percent, automobile, trailers and semi-trailers by 7,9 percent, while production of food products decreased by 0,1 percent, rubber and plastic products by 2,6 percent, tobacco products by 4,2 percent, production of oil products by 9,0 percent, chemical industrial products by 18,1 percent, production of furniture by 18,6 percent, other vehicles by 23,5 percent, finished metal products by 24,5 percent, metallurgical industrial products by 37,7 percent, pharmaceutical products by 45,5 percent, installation and maintenance activities of machine and equipment by 49,8 percent.

Production volume in the sector of electricity, gas and steam production, distribution and supply increased by 8,3 percent, while in the sector of water supply, waste management and remediation activities it increased by 15,4 percent.

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