2024 started with high indicators in the economy of Azerbaijan. Thus, compared to the corresponding period of last year, GDP in January increased by 5% this year, including non-oil-gas GDP by 12.3%.
The increase in added value was 66.9% in the construction sector, 26.8% in transport and storage, 16.8% in the non-oil and gas processing industry, 12.1% in tourism and public catering, and 11.8% in information and communication. High investment activity was recorded in the country's economy.
Investments in fixed capital increased by 37.4% in January 2024, including in the non-oil and gas sector by 34.1%, which is an important factor contributing to economic growth compared to the corresponding period of last year.
