Tuesday, 04 November 2025 10:57

Azerbaijan’s non-oil and gas sector gathers momentum

In the first nine months of the current year, value added growth in Azerbaijan’s non-oil and gas sector remained positive. Industrial output grew by 5%, tourism and public catering by 9.3%, information and communications by 6.7%, trade by 3.2%, and transport by 2.1%.

According to AZERTAC, Minister of Economy Mikayil Jabbarov announced this at a meeting of the Milli Majlis Committee on Economic Policy, Industry, and Entrepreneurship held on November 4.

He noted that in the first six months of the year, the volume of foreign direct investment (FDI) in the country increased by 8.2% compared to the same period in 2024, while investment in the non-oil and gas sector grew by 25.4%.

The minister added that over the past nine months, 13 billion manats were invested in fixed capital, with investment in the non-oil and gas sector rising by 7.5%.

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