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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.

Macro-economic indicators and social development of the country (January, 2024)

14.02.2024, 15:22
Indicators 2024 January, actual 2024 January compared to 2023 January, percent For information:
2023 January compared to 2022 January, percent
Gross domestic product, million manat 9 131,0 105,0 98,5
including: non oil-gas GDP 5 668,9 112,3 101,7
GDP per capita, manat 896,7 104,5 97,9
Industrial products, million manat 5 167,9 98,5 95,7
including non oil-gas industry 1 440,5 108,9 102,0
Investments directed to fixed capital, million manat 1 553,0 137,4 161,2
including: non oil-gas sector 1 029,9 134,1 2,5 d.
of which non oil-gas industry 32,4 76,9 151,2
Agricultural products, million manat 491,2 101,2 103,3
including: plant-growing 22,7 100,8 102,0
cattle-breeding 468,5 101,2 103,4
Cargo transportation in transport sector, million tons 17,4 102,0 106,6
Passenger transportation in transport sector, million passenger 145,6 105,3 122,1
Information and communication services, million manat 258,2 111,8 117,2
Retail trade turnover, million manat 4 493,8 103,4 102,9
Paid services rendered to population, million manat 946,1 104,9 108,5
Income of state budget, million manat 3 465,9 86,5 145,9
Expenditure of state budget, million manat 1 723,7 118,2 148,3
Surplus of state budget, million manat 1 742,2 x x
Nominal income of population, million manat 5 618,8 104,5 115,0
Per capita, manat 551,8 103,9 114,3
Deposits of population in banks for 01 January, 2024, million manat 12 947,8 110,3 127,1
Credit exposure, for 01 January, 2024, million manat 23 979,1 118,8 117,9
including overdue credits 437,8 73,7 82,5
Average monthly nominal salary, manat 933,8* 111,2** 114,7***
Consumer price index x 101,7 113,6
Number of population, thousand person, for 01 January, 2024 10 180,8 100,5 100,6
Foreign trade turnover 1), million USA dollars
actual prices 44 868,5* 79,8** 157,7***
comparative prices x 94,4** 106,4***
including: export
actual prices 27 583,2* 66,2** 174,1***
comparative prices x 91,8** 108,7***
of which export of non oil-gas
actual prices 3 348,0* 109,8** 112,3***
comparative prices x 103,9** 104,2***
import
actual prices 17 285,3* 118,9** 124,2***
comparative prices x 101,9** 101,7***

Note:

* 2023.
** 2023 compared to 2022
*** 2022 compared to 2021
1) Taking into account information on statistically estimated value of exported crude oil and natural gas registered in the customs bodies during the reporting period but not completely officialized

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heydar aliyev
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