Bank Of Baku

Tax revenues from non-oil and gas sector increased by more than 32%

Mikayil Jabbarov, Minister of Economy of Azerbaijan

© APA | Mikayil Jabbarov, Minister of Economy of Azerbaijan

# 21 October 2022 16:47 (UTC +04:00)

"In the 9 months of this year, the tax revenues from the non-oil and gas sector amounted to 6,222.0 mln. ₼, whilst increasing by 1,515.3 mln. ₼ or 32.2%, compared to the same period of last year," Azerbaijan's Economy Minister Mikayil Jabbarov wrote on Twitter, APA-Economics reports.

"Compared to the relevant period of 2021, the growth in the non-oil-gas sector has reached 139.1% in transport, 66.8% in trade, 45.8% in agriculture, 19.7% in industry, 17.1% in services, 16.8% in construction, 14% in banking and insurance, 6.7% in communications and 20.7% in other fields," noted Jabbarov.

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