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In January-October 2024, investments at 14391,1 million manats were directed to fixed assets.In January-October 2024 4,9 percent more gross domestic product was produced in the country.In January-July 2024 foreign trade turnover of the country made 26239,4 million USD.In August 2024, consumer price index was 103,5 percent compared to August 2023.In January-August 2024, retail trade turnover increased in real terms by 3,5 percent.In January-August 2024, 4,3 percent more gross domestic product was produced.In January-July 2024, average monthly nominal salary in the country made 1002,4 manats.In January-August 2024, industrial products at 42,4 billion manats were produced.In January-July 2024, investments at 9438,7 million manats were directed to fixed assets.
Last updated: 05.11.2024

Entrepreneurship in Azerbaijan

Micro, small and medium entrepreneurship in Azerbaijan
Main macro-economic indicators of micro, small and medium entrepreneurship subjects Share of micro, small and medium enterprises in the economy of the country, percentage The number of active micro, small and medium enterprises Breakdown number of micro, small and medium entreprises by economic regions and administrative territorial units Number of newly registered micro, small and medium enterprises Number of deregistered micro, small and medium enterprises The number of active micro, small and medium enterprises by economic activity and ownership types Number of registered, newly registered and deregistered enterprises by economic activity types at the end of the year The number of newly registered micro, small and medium enterprises by economic activities and ownership types The number of deregistered micro, small and medium enterprises by economic activities and ownership types Value of goods loaded, works executed, services rendered by micro, small and medium enterprises by economic activity and ownership types, thsd. Manats The number of employees in micro, small and medium-sized businesses by economic activity and ownership types The number of foreigners working in micro, small and medium-sized businesses by types of economic activity and ownership types Value of goods loaded, works executed, services performed, rendered by micro, small and medium enterprises by economic activity types, share of total by entrepreneurship, percentage Employees in micro, small and medium-sized businesses by economic activity types, share of total by busineses, percentage Value of funds directed to fixed capital by micro, small and medium enterprises by type of economic activities, thsd.manats Share of micro, small and medium enterprises in gross value of investments directed to main capital by type of economic activities, percentage Distribution of funds directed to fixed capital of micro, small and medium enterprises by economic regions, thsd. Manats The number of women employed in micro, small and medium-sized businesses by economic activity and ownership types, person The number of women employed in micro, small and medium-sized businesses by economic regions and administrative territorial units, person The number of newly registered micro, small and medium-sized entrepreneurship subjects by economic regions, administrative territorial units and economic activity The number of deregistered micro, small and medium-sized entrepreneurship subjects by economic regions, administrative territorial units and economic activity Output of micro, small and medium enterprises by economic regions, administrative territorial units and economic activity, thsd.manats The number of employees in micro, small and medium-sized businesses by economic regions and administrative territorial units, person The number of foreigners in micro, small and medium-sized businesses by economic regions and administrative territorial units, person Number of active micro, small, medium-sized businesses established a year ago by types of economic activity Number of active micro, small, medium-sized businesses established two year ago by types of economic activity Number of active micro, small, medium-sized businesses established three year ago by types of economic activity Number of active micro, small, medium-sized businesses established four year ago by types of economic activity Number of active micro, small, medium-sized businesses established five year ago by types of economic activity Value added created by micro, small and medium enterprises by types of economic activity, mln. Manats Hours worked by employees in micro, small and medium-sized businesses subjects, thsd.pers.hours Share of hours worked by employees in micro, small and medium-sized businesses in the hours worked by employees of all active business, thsd.pers.hours Hours worked by women employees in micro, small and medium-sized businesses subjects, thsd.pers.hours Share of hours worked by women employees in micro, small and medium-sized businesses in the total hours worked by employees of all active micro, small and medium-sized businesses, thsd.pers.hours Average monthly nominal wages in micro, small and medium enterprises by economic activities, manat Average monthly nominal wages of women employed in micro, small and medium enterprises by economic activities, manat Share of wages and salaries in micro, small and medium-sized businesses in the wages and salaries of all active busiesses, in percent Share of sosial security costs in micro, small and medium-sized businesses in the sosial security costs of all active businesses, in percent Share of costs for the purchase of goods and services by micro, small and medium-sized businesses in the costs of all active businesses for the purchase of goods and services, in percent Fuel costs in micro, small and medium-sized businesses by economic activity, thsd. Manats Share of fuel costs in micro, small and medium-sized businesses in the fuel costs of all active businesses, in percent Payments for long-term rental in micro, small and medium-sized businesses by economic activity, thsd. manats Share of payments for long-term rental in micro, small and medium-sized businesses in the payments for long-term rental of all active businesses, in percent Electricity costs in micro, small and medium-sized businesses by economic activity, thsd. Manats Share of electricity costs in micro, small and medium-sized businesses in the electricity costs of all active businesses, in percent R&D expenditures in micro, small and medium-sized businesses by economic activity, thsd. manats Share of R&D expenditures in micro, small and medium-sized businesses in the R&D expenditures of all active businesses, in percent The value of assets in micro, small and medium-sized businesses by economic activity, at the end of the year, mln. manats Share of value of assets in micro, small and medium-sized businesses in the value of total assets of all active businesses, at the end of the year, in percent Stocks in micro, small and medium-sized businesses by economic activity, thsd.manats Share of stocks in micro, small and medium-sized businesses in the stocks of all active businesses, in percent Taxes paid by micro, small and medium enterprises by types of economic activity, mln.manats
E-version of publication
Micro, small and medium entrepreneurship in Azerbaijan, 2019 (2,71 MB) Micro, small and medium entrepreneurship in Azerbaijan, 2020 (1,11 MB) Micro, small and medium entrepreneurship in Azerbaijan, 2021 (3,49 MB) Micro, small and medium entrepreneurship in Azerbaijan, 2022 (9,54 MB) Micro, small and medium entrepreneurship in Azerbaijan, 2023 (2,92 MB) Micro, small and medium entrepreneurship in Azerbaijan, 2024 (135,59 MB)
Yearbook reflects activity of micro, small and medium entrepreneurship subjects and covers complex data on private entrepreneurs – natural persons which are considered as micro entrepreneurship subjects, along with legal entities and has been prepared taking into account the recommendations of the international experts in the framework of the European Union (EU) Twinning project “Support to the State Statistical Committee and the State Tax Service under the Ministry of Economy to strengthen collection, harmonization, analysis, publishing and dissemination of business statistics”. The main macroeconomic indicators of micro, small and medium entrepreneurship subjects, their share in the country economy, the number of newly created and liquidated entrepreneurship subjects, the number of employees working in the businesses, wage-fund, investments, expenses and other information are reflected in the yearbook.

For user friendly data and for providing comparison between regions, all indicators were grouped. Separate indicators are shown by types of activity and property, regions.

Note: Micro, small and medium entrepreneurship subjects were determined according to the criteria on micro, small, medium and large entrepreneurs approved by the decision of the Cabinet of Ministers of the Republic of Azerbaijan dated December 21, 2018, № 556. Micro entrepreneurs include enterprises with average employee payroll of 10 and annual revenue of 200 thousand manats, small entrepreneurs include enterprises with average employee payroll from 11 to 50 and annual revenue from 200 thousand manats to 3000 thousand manats, medium entrepreneurs include enterprises with average employee payroll from 51 to 250 and annual revenue from 3000 thousand manats to 30000 thousand manats.

The yearbook is intended for economists, students, scientists and other users. While using statistical information in publications and press materials the reference should be made to the State Statistical Committee of the Republic of Azerbaijan.

Conventional signs:
“-” not applicable
“...” data are missing (not presented) or confidential
“0,0” negligible magnitude
“x” comparisons are not possible

Explanations:
According to the rules established for final statistical data dissemination in the Article 22 of the Law of the Republic of Azerbaijan “On Official Statistics”, the data on several districts are not presented in the tables 18, 21, 22 and 23. However, these data have been included in the totals on the country, corresponding economic region and districts (cities).
In some cases, negligible discrepancies between totals and sum of their components are due to rounding of figures.
Data for current year could be adjusted in further publications based on the next precised statistical reports.
The data published in this release may be updated according to changes in the data that will be in future publications.
Data on natural persons engaged in entrepreneurship activity are included in the data on micro-entrepreneurship subjects.
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