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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 2023

16.01.2024, 12:00

In 2023 industrial products at 66,6 billion manats were produced by industrial enterprises and individual entrepreneurs operating in this field. The product output in the oil-gas sector decreased by 2,0 percent, while in the non-oil and gas sector it increased by 8,0 percent.

67,4 percent of industrial products were produced in the mining sector, 27,1 percent in the manufacturing sector, 4,6 percent in the production, distribution and supply of electricity, gas and steam, and 0,9 percent in the sector of water supply, waste management and remediation activities.

Marketable oil production in the mining sector decreased by 7,6 percent, while marketable gas production increased by 4,2 percent.

Production of machine and equipment increased by 77,7 percent, wood manufacturing and production of wood products in the manufacturing sector by 65,6 percent, automobile, trailers and semi-trailers by 48,1 percent, construction materials 31,8 percent, finished metal products by 30,1 percent, production of beverage by 23,0 percent, rubber and plastic products by 18,5 percent, production of electrical equipment by 16,2 percent, tobacco products by 12,8 percent, paper and cardboard by 12,3 percent, production of furniture by 10,5 percent, production of food products by 9,2 percent, textile industry products by 8,8 percent, production of oil products by 7,3 percent, chemical industrial products by 6,9 percent, polygraphy products by 6,1 percent, while production of leather and leather products and shoes decreased by 2,0 percent, other vehicles by 4,1 percent, pharmaceutical products by 9,1 percent, production of computer, electronic and optical products by 11,9 percent, production of other industrial products by 12,2 percent, production of clothes by 15,2 percent, installation and maintenance activities of machine and equipment by 16,1 percent, metallurgical industrial products by 18,9 percent.

Production volume in the sector of electricity, gas and steam production, distribution and supply increased by 0,6 percent, while in the sector of water supply, waste management and remediation activities it increased by 15,5 percent.

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