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Azerbaijan records growth in paid service costs rendered to population

Finance Materials 14 September 2022 14:43
Baku, Azerbaijan Trend News Agency
Azerbaijan records growth in paid service costs rendered to population

The cost of paid services provided to Azerbaijan's population totaled 5.64 billion manat ($3.3 billion) from January through August 2022, increasing by 7.3 percent against the same period of 2021, Trend reports via the State Statistical Committee of Azerbaijan.

During this period, legal entities provided the country's population with services for 4.28 billion manat ($2.5 billion), accounting for 93.1 percent of the overall service value.

Meanwhile, the paid service amount per capita averaged 560.9 manat ($329.9), which was 89.1 manat ($52.4) more than in the same period of 2021.

From January through August 2022

Difference compared to January through August 2021

Total cost of paid services

5.64 billion manat ($3.3 billion)

107.3 percent

Public sector

1.25 billion manat ($735.3 million)

102.5 percent

Private sector

4.38 billion manat ($2.57 billion)

108.8 percent

Individuals (private sector)

1.2 billion manat ($705.9 million)

110.8 percent

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