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Azerbaijan’s IT Sector Doubles Over Past 5 Years

IT sector has doubled in Azerbaijan over the past 5 years.

Compared to 2012, the sector grew by 8.6 percent in the country. Retail sale of electronic and telecommunications equipments and their spare parts jumped 54.8 percent, production of electronic and radio elements – 14.2 percent, retail sale of computers, computer peripheral equipments and software – 15.3 percent.

Currently, share of production sphere in IT sector makes 30.6 percent, service-trade area – 69.4 percent, while this ratio made 20.5 percent and 79.5 percent, respectively.

Source: APA

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