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Last updated: 29.12.2019

Micro, small and medium entrepreneurship in Azerbaijan

Yearbook reflects comprehensive data on activity of micro, small and medium entrepreneurship subjects, their distribution by economic regions and types of activity, complex information about activity of physical persons-private entrepreneurs which are considered as micro entrepreneurship subjects along with legal entities. The yearbook covers main macroeconomic indicators of micro, small and medium entrepreneurship subjects in 2018 year, their share in the country economy, number of newly created and liquidated entrepreneurship subjects, number of employees working in the entrepreneurship subjects, wage-fund and information about investments.

For user friendly data and for providing comparison between economic regions, all indicators were grouped. Separate indicators were indicated by types of activity and economic regions; each economic region is indicated separately and covers all main indicators.

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 list of 10 and annual revenue of 200 thousand manats, small entrepreneurs include enterprises with average employee list from 11 to 50 and annual revenue from 200 thousand manats to 3000 thousand manats, medium entrepreneurs include enterprises with average employee list 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 statistic information in publications and press materials it must be based to the State Statistical Committee.

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

Explanations:
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 issue may be updated according to changes in the data that will be in future publications.
Entrepreneurial data was included in the data of micro-enterprise enterprises, as sampling plans were used prior to approval of micro, small and medium-sized entrepreneurship criteria in the process of generating business data for 2018 based on selective statistical data (excluding information on the number of newly created and liquidated individuals).